Dhaka, Feb. 26 -- A new floating storage and re-gasification unit (FSRU) with a capacity to re-gasify around 600 million cubic feet per day (mmcfd) of liquefied gas is planned to feed economy's growing fuel demand.

Officials say foreign firms are queuing up to build the floating LNG-conversion plant at Kutubjom of Moheshkhali island on the Bay of Bengal under public-private partnership.

The new one would be the fourth FSRU in the South Asian country, energy and mineral resources division (EMRD) secretary Mohammad Saiful Islam told the Financial Express Wednesday.

Two FSRUs are already in operation at Moheshkhali island on the Bay of Bengal and the third FSRU is trapped in court cases.

Several companies of different countries, includin...