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H-Energy signed MoU with Petrobangla

Published on June 19, 2021
Current Context: Hiranandani Energy (H-Energy) entered into MoU with Petrobangla , which is the Oil, Gas and Mineral Corporation of Bangladesh.
H-Energy signed MoU with Petrobangla
  • The MoU was signed for the long-term supply of re-gasified LNG from India to Bangladesh through a cross-border natural gas pipeline.
  • The H-Energy will provide supply for LNG to Bangladesh through 250 km ‘Kanai Chatta (West Bengal), Shrirampur (Bangladesh) Natural Gas Pipeline, which will be commissioned in 2023.
  • The H-Energy has received authorization from Petroleum and Natural gas Regulatory Board (PNGRB) to build its own and operate Kanai Chatta-Shrirampur natural gas pipeline. The pipeline will connect H-Energy’s LNG terminal in West Bengal passing through various regions of the state and further connecting to the Bangladesh border, which will further allow cross border supply of re-gasified LNG into Bangladesh.
  • The H-Energy will be responsible to source LNG and supply R-LNG to Petrobangla, which will further supply R-LNG to the gas-based producers in Bangladesh.
  • Static Part: 
    • HQ of H-Energy: Mumbai
    • HQ of Petrobangla: Dhaka, Bangladesh
    • Capital of Bangladesh: Dhaka
    • Currency of Bangladesh: Taka

Question: 

Q.1 Which organisation from India signed an MoU with Petrobangla of Bangladesh to supply re-gasified LNG from India to Bangladesh through a cross-border natural gas pipeline?
a. Petronet LNG Ltd
b. Hiranandani Energy (H-Energy)
c. Mahanagar Gas Limited
d. ONGC
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