Government of the People’s Republic of Bangladesh

Ministry of Power, Energy & Mineral Resources

Power Division
Power Cell
Bidyut Bhaban (9th Fl)
1 Abdul Gani Road, Dhaka -1000

REQUEST FOR EXPRESSIONS OF INTEREST (REOI) FOR

CONSTRUCTION OF LAND BASED LIQUEFIED NATURAL GAS (LNG)
REGASIFICATION TERMINAL

Invitation Ref. No: 27.71.0000.003.05.016.14-485 Dated: April 17, 2014

1. In Bangladesh the demand for natural gas has been increasing day by day for its
diversified use. On the contrary the existing reserve is depleting. As a consequence,
Bangladesh has been experiencing a severe gas crisis, especially in the gas fired power
plants. As a result, some of these power plants are running below the capacity and few
remain shut down due to non availability of gas. The Government of Bangladesh (GoB)
is proceeding for establishing a Floating Storage and Regasification Unit (FSRU) based
LNG import facility in association with private sector. However, the proposed FSRU of
500 MMCFD can only meet part of the growing demand for gas in power fertilizer
factory and industry. Thus there is an urgent need for a sure supply of gas to the gas fired
power plants that are operating now and the new ones being constructed in the country.
2. Power Division, MPEMR has, therefore, decided to realize a Project for the import of 500
MMCFD of natural gas (approximately 3.5 million tons of LNG per annum) at Matar
Bari in Moheshkhali Island of Cox’s Bazar district or Anwara, Chittagong. The Project
will be realized under a special purpose vehicle (SPV) which will be initially promoted by
Bangladesh Power Development Board (BPDB). Power Division, MPEMR has decided
to collaborate with International Finance Corporation (IFC) of the World Bank Group for
the development of this Project. IFC through its Infra Ventures Fund will become a co-
developer of the Project with BPDB. Initial development work (pre-feasibility studies,
environmental and social assessments and clearances, land acquisition etc) will be carried
out by this SPV sponsored by BPDB with IFC as co-developer. Then a qualified and
experienced firm/consortium will be selected through a tendering process - which begins
with this Request for Expressions of Interest (REoI) to take majority stake in the SPV and
become the lead sponsor of the Project.
3. The Project is expected to comprise:
· Design, engineering, procurement, construction and commissioning of an on-shore
LNG import terminal for the receiving, unloading, storage and regasification of LNG,
including all receiving, unloading, storage and regasification facilities and all marine
facilities1, gas pipelines, infrastructure and interconnection facilities (together, the
“LNG Import Terminal”).
· Owning, operating and maintaining the LNG Import Terminal on a build, own and
operate (BOO) basis.
· Procuring LNG on a long-term basis from one or more international suppliers or from
its own LNG supply portfolio.
· Marine transportation of LNG to the LNG Import Terminal.
1
Except Port facilities which will be developed and built separately

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 · Receipt and storage of LNG at the LNG Import Terminal.
· Regasification of the LNG.
· Delivering and selling the RLNG on a long-term, take-or-pay basis to a designated
GoB entity.
The RLNG so received would be sold to a GOB designated entity which will have
back-to-back gas sales agreements with power plant owners/operators and other
customers (supply permitting).

4. The purpose of this invitation for REOI is to:

i) Prequalify Applicants based on commercial, financial, technical credentials for
becoming the strategic-cum-majority partner in the SPV for the Project.
ii) Solicit views and proposals from the pre-qualified applicants on development
of the project (levels of participation, project technical parameters and
commercial/legal structure and any other views) so that the final RfP process
can be smooth and short.
5. Interested applicants – firm or consortium - must provide information indicating that they
are qualified to undertake the Project. To this effect applicants shall include in their EOI
submission at least the following information:
i) Details of Commercial Capability and Experience including legal form with
commercial registration and registered Office, information about subsidiaries,
affiliates, LNG/gas joint ventures (incorporate and unincorporated), branches,
distributors, or any other LNG project commercial entity etc., (in case of a
consortium this information should be provided for key members of the consortium
and responsibilities of each consortium member where applicable and how they
propose to collaborate); Copies of certificates or own company statements of
compliance, any insurance program (external or captive) for LNG/gas project and all
relevant commercial contracts related to LNG/gas in which the firm/consortium has
been involved over the past 10 years and also those in which they are currently
involved, specifying for the project.
ii) Details of Financial Capability and Experience including firm’s/consortium members’
full annual reports with audited financial statements, declaration that the
firm/consortium members has/have not entered into any applicable bankruptcy,
liquidation, dissolution, reorganization, insolvency, moratorium or similar
procedures affecting its creditors right generally, description of financial and
economic modeling capabilities and experience gained in development, operation
and management of the projects of similar kind, past experience in type and value of
financing undertaken for similar projects and declaration of willingness to post a
completion guarantee fee during the construction phase.
iii) Details of Technical Capability and Experience including company’s health, safety
and environmental policies, description of the management systems in place for
training and ongoing development of personnel in management, operation and
maintenance of LNG terminals and description of engineering expertise and their
ability to act as owners’ engineer/project management for the project.

The EOIs would be reviewed on the basis of the followings:

· Registration of Company/consortium members

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 · Age and business history of the firm/consortium
· Technical, financial and commercial capability of the firm/consortium
· Availability of key professionals
· Availability of resources
· Experience of the firm/consortium in similar tasks
· Experience of the firm/consortium in other related works
· Support services of the firm/consortium

Final Request for Proposal will be issued to firms/consortiums meeting also the IFC’s
sponsor due diligence requirements.
5) Applicants are requested to submit their EOI within May 18, 2014, 12:00 hrs to the
address below. Any submission received after the deadline will not be considered.

(Mohammad Hossain)
Director General
Power Cell
Ministry of Power, Energy and Mineral Resources
Govt. of the People’s Republic of Bangladesh
Bidyut Bhaban (9th Floor)
1, Abdul Gani Road, Dhaka 1000, Bangladesh
Tel: 88 (02) 9551261, 9555962, 9566099, 9556577
Fax: 88 (02) 9554664, 9572097
E-mail: dg@powercell.gov.bd

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