Bangladesh: Summit LNG terminal springs into action

Summit LNG Terminal, a Summit Corporation unit, said it has completed the commissioning of its floating storage and regasification unit (FSRU) LNG import facility off the island of Moheshkhali in Cox’s Bazar, Bangladesh. 

Following the commissioning late Monday, April 29, the facility supplied 500 mmcfd of regasified liquified natural gas to the national grid, Summit said in its statement.

The company noted the milestone was achieved approximately one month ahead of schedule.

The FSRU Summit LNG arrived in the Bay of Bengal in Bangladesh on April 22, delivering 130,000 cubic meters of liquefied natural gas from Qatar.

Summit chartered the vessel from Excelerate Energy on a 15-year deal. The FSRU with a 500 mcf regasification capacity will send out regasified LNG via subsea pipeline connected to the national grid.

Summit LNG Terminal, a Summit and Mitsubishi joint venture, received a concession from the state-owned Petrobangla in 2017 to develop a floating LNG terminal facility comprising of a storage and regasification unit, this project is part of Summit Power International’s $1 billion investment programme by 2020 to deliver power and gas to Bangladesh.

Geocean and MacGregor have been awarded a turnkey contract for marine work for the FSRU terminal and PSA Marine (of Singapore) for support vessel services at Moheskhali, Cox’s Bazar.