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Argent LNG, developing a 25 MTPA LNG facility in Louisiana, signed a non-binding agreement with Bangladesh to supply up to 5 million metric tons of LNG annually. If completed, the project could supply LNG to Bangladesh’s state-owned Petrobangla. The agreement ensures reliable energy for Bangladesh’s industries, despite its price sensitivity, as seen in its return to coal during 2022’s LNG price spikes due to the Russia-Ukraine war.

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