Kutubdia (Reliance) FSRU

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Kutubdia (Reliance) FSRU was a proposed floating storage regasification unit (FSRU) liquefied natural gas (LNG) terminal to be operated by Reliance Power off the coast of Chittagong, Bangladesh. Since October 2018, there have not been any development updates, and the project is presumed to have been cancelled.

Location

The below map shows the approximate site for the proposed offshore terminal at Kutubdia Island near Chattogram port.

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Project Details

• Owner: Reliance Power
• Parent: Petrobangla
• Location: Kutubdia Island, Cox's Bazar District, Chittagong, Bangladesh
• Coordinates: 21.55, 91.95 (approximate)
• Capacity: 3.75 mtpa, 0.5 bcfd
• Status: Cancelled
• Type: Import
• Start Year:

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

In December 2016, the Bangladesh government said it was set to announce the selection of India-based Reliance Power Ltd. to build a 500,000 Mcfd floating storage and regasification unit and a 750-megawatt combined-cycle power plant.

According to an October 2018 article from S&P Global, Reliance Power had signed a memorandum of understanding with state-owned Petrobangla to build the FSRU-based LNG import terminal more than three years prior, but inadequate funding support coupled with initial hiccups to hook up with the country's first FSRU (Moheshkhali FLNG Terminal) prompted the government to cancel its plan for another facility.

In 2018, Bangladesh's government terminated FSRU talks with India's Reliance Power. As of June 2024, there have not been any other development updates and the project is presumed cancelled.