Summit FSRU starts gas supply

Special Correspondent

30 April, 2019 12:00 AM printer

Local energy giant Summit LNG Terminal Company Limited (SLNG) has started supplying the imported LNG into national grid on Monday, a top official said.

“By the grace of Almighty Allah on Monday we have successfully commissioned the 2nd FSRU of Bangladesh,” M Quamruzzman, Managing Director of Rupantarita Pakratik Gas Company Limited said.

Summit has time chartered to purchase this vessel from USA’s Excerelate Energy for 15 years and it has now carried LNG (Liquified Natural Gas) from Qatar.

The FSRU will send out Regasified Liquefied Natural Gas (RLNG) via subsea pipeline connected to the national grid. Summit LNG is able to regasify 500 million cubic feet of LNG daily (mmcfd).

Summit LNG Terminal Co Ltd (SLNG) is a subsidiary of Summit Power International (SPI) and is a company of Summit – Mitsubishi consortium. Mitsubishi, the Japanese trading giant, acquired 25 percent of SLNG in August 2018 and is represented in the Board.