First LPG carrier to arrive in Bangladesh in December

The purchase of Bangladesh's first LPG (Liquefied Petroleum Gas) carrying vessel is being processed by the Beximco Petroleum Limited, and it is expected to arrive with its first shipment in December, an official said. The carrier, named BEXPETRO 1, will travel on international waters, bearing the national flag. It will be the first Bangladeshi ship to directly procure LPG at source - with an LPG carrying capacity of 2700 metric tons (MT). This marks a major milestone for LPG operators in Bangladesh as this paves the way for a cost-effective and efficient LPG supply chain. Led by Captain Alexander Fajardo, BEXPETRO 1 is expected to arrive in Bangladesh with its first shipment of LPG by the first week of December this year. With two more vessels of similar capacity already in the pipeline, this is a stepping stone for Beximco Petroleum’s strategic vision of becoming the premiere LPG operator in the country. A state-of-the-art ISO 9001 certified LPG plant has been installed in Mongla by Beximco Petroleum, in collaboration with Index Power & Energy (a Beximco company), with a capacity of 3000 MT. Expansion work is underway for an additional capacity of 3000 MT at Mongla; another LPG terminal of 5000 MT capacity is being set up at Narayanganj.