Petronet's LNG terminal plan in Bangladesh put on the back burner

Petronet LNG's plan to build a liquefied natural gas (LNG) facility at Maheshkhali island in Cox's Bazar district of Bangladesh through a government-to-government deal has been put on the back burner.
 

Bangladesh has instead asked India to bid in the ongoing round for an LNG regasification terminal at Matarbari, also Cox’s Bazar. An expression of interest (EoI) was floated in January. 

This comes after Petronet LNG managing director Prabhat Singh last month said the company would not bid for the Matarbari project and instead wanted