2019-05-24 09:50:00
FIRST BANGLADESH'S LNG
REUTERS - Bangladesh's second liquefied natural gas (LNG) floating facility is set to receive its first ship-to-ship transfer of gas from an Algerian cargo, a spokeswoman from operator Summit LNG Terminal told Reuters on Thursday.
'Summit LNG', the floating storage and regasification unit (FSRU), will receive 159,000 cubic metres of LNG from Oman Trading International, with the transfer expected to be completed by Thursday night, the spokeswoman said.
The LNG tanker, Creole Spirit, loaded gas from Bethioua, Algeria, she said, adding that a second LNG tanker is expected to arrive on June 3.
The FSRU is 75% owned by Summit Corp, a unit of Summit Power International, while its remaining stake is held by Japan's Mitsubishi Corp.
The FSRU started to feed gas to Bangladesh's national grid in late April after picking up its commissioning cargo from Qatar.
Summit Power International, which owns power generation assets in Bangladesh and is owned by Bangladeshi conglomerate Summit Group, has chartered the vessel, which is able to regasify 500 million cubic feet of LNG a day from U.S.-based Excelerate Energy for 15 years.
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Earlier:
2019, February, 6, 10:20:00
BANGLADESH'S FIRST NUCLEAR
IAEA - The plant, being built in Rooppur, about 160 kilometers northwest of the Bangladesh's capital, will have the capacity to generate 2400 megawatts of electricity. The construction project is being implemented by a subsidiary of Russia’s State Atomic Energy Corporation ROSATOM. It is high on the Bangladeshi government’s agenda, all the way up to the Prime Minister’s office.
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2018, November, 2, 11:50:00
BANGLADESH'S GAS DEMAND UP
PLATTS - Bangladesh's natural gas demand projection for fiscal year ending June 2019 has been revised up 8.5% to 1.35 Tcf on rising LNG imports, state-owned Petrobangla's general manager for production and marketing Anwarul Islam said
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2018, October, 26, 12:25:00
OMAN'S LNG FOR BANGLADESH
PLATTS - Bangladesh is expecting first lean LNG imports from Oman Trading International from May 2019, as part of a sales and purchase agreement signed in May 2018 for 1 million mt/year of LNG over 10 years, managing director with state-owned Rupantorita Praktritik Gas Company Md Quamruzzaman said
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2018, August, 20, 14:05:00
MITSUBISHI BUYS 25% BALNGADESH LNG
PLATTS - Japan's Mitsubishi has agreed to acquire a 25% interest in Bangladesh's Summit LNG import project, which includes a floating, storage and regasification unit, with the remaining 75% held by Summit Corporation, the Japanese LNG trader said in a statement late last week.
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2017, September, 27, 13:30:00
QATAR - BANGLADESH LNG
RasGas Company Limited sealed a landmark 15-yr LNG Sales and Purchase Agreement (SPA) with Bangladesh Oil, Gas and Mineral Corporation (Petrobangla). The agreement was signed in Doha by Mr. Hamad Mubarak Al-Muhannadi, CEO of RasGas, and Mr. Abdul Mansur Md Faizullah, Petrobangla Chairman.
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