ACWA LNG Terminal

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ACWA LNG Terminal was a proposed liquefied natural gas (LNG) import terminal in Bangladesh. The project was proposed to supply LNG to ACWA LNG power station. As of 2024, there have been no development updates in over four years, and the terminal is presumed to be cancelled.

Location

The terminal is proposed to be located in Maheshkhali Upazila - Cox's Bazar District, Chittagong, Bangladesh.

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Project details

• Operator:
• Owner: ACWA Power
• Parent company: ACWA Power
• Location: Maheshkhali Upazila - Cox's Bazar District, Chittagong, Bangladesh
• Coordinates: 21.520521, 91.869445 (approximate)
• Capacity:
• Status: Cancelled
• Type: Import
• Start year:
• Cost: US$500 million
• Financing:
• FID status:
• Associated infrastructure: ACWA LNG power station

Background

In October 2019, ACWA Power signed a memorandum of understanding (MOU) with the Bangladesh Power Development Board for an LNG terminal and LNG-fired power plant in Bangladesh (ACWA LNG power station). The project is expected to cost USD $500 million.

As of June 2024, there have been no updates in over four years, and the project is presumed to be cancelled.