Bangladesh’s Second LNG Import Terminal to Meet Growing Demand
Excelerate Energy’s FSRU Summit LNG began operations at the Summit LNG Terminal in April 2019. , Located offshore Moheshkhali Island in the Bay of Bengal, the terminal is owned by Summit LNG Terminal Co Ltd. It has a send-out capacity of 500 million standard cubic feet per day (MMscf/d) of natural gas.
In August 2017, Summit entered into a 15-year charter agreement with Excelerate for the FSRU Summit LNG. In addition to providing the FSRU, Excelerate acted as the Owner’s Engineer for Summit regarding the fixed infrastructure components of the terminal, which included a subsea plug, mooring system, and subsea pipeline.