BD, Denmark sign Tk 1.85b deal to set up LPG plant in Ctg

BD, Denmark sign Tk 1.85b deal to set up LPG plant in CtgA Bangladesh firm and a Danish company has signed a Tk 1.85 billion contract to set up LPG (liquefied petroleum gas) storage terminal and bottling plant in Chittagong
The contract was signed recently between Coastal Gas Limited, Dhaka, Bangladesh and Kosan Crisplant a/s, Aarhus, Denmark, a company of Makeen Energy Holdings.
Under the contract a combined LPG Storage Terminal, Filling Plant and offshore Conventional buoy morning (CBM) System will be built in the first stage.
The terminal is initially designed to handle 100,000 MTPA Bulk LPG and Storage capacity is 6,000 m3 of LPG – with a possibility to expand. The plant will be designed and built in accordance with the standards of Bangladesh as well as the latest international standards, according to a press release issued on Monday.
The terminal will include, CBM Jetty to receive LPG by ship, spheres for storage of LPG, tank truck terminal for handling LPG in bulk, LPG filling hall, maintenance hall, safety installation wit firewater, fire and gas alarm systems, lightning protection etc., technical installations with electrical power supply, compressed air, earthing etc., facilities for personnel and the main office.
Kosan Crisplant (KC) is very proud of having been selected by Coastal Gas Limited to become a partner in the realization of this important LPG project.
KC is a company specialized in all aspects of the LPG business and for 66 years, it has designed and produced equipment for filling, checking and maintenance of LPG cylinders.
Besides being a core LPG filling equipment producer, KC also undertakes supply of turnkey plants for handling all disciplines related to the storage and distribution of LPG in bulk or in cylinders. When a plant has been handed over, we offer the customer our services in the form of facility services and facility management.
To increase the use of LPG (liquefied petroleum gas) in Bangladesh, the government has been encouraging the private sector to invest in the sector in the country.
The main among other factors to support this initiative is the introduction of zero duties on import of equipment and accessories for the LPG sector.