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Free AccessLNG: Summit LNG FSRU to Arrive at Bangladesh Port on July 11
Bangladesh's Summit LNG FSRU is due to arrive at Chittagong port on July 11, according to a Petrobangla official cited by Bloomberg.
- The FSRU departed Singapore on July 6 where it was undergoing repairs following cyclone damage in late May, according to ship tracking data from LSEG and Kpler.
- Bangladesh’s FSRU Summit LNG should resume operations mid-July after cyclone damage according to a Petrobangla official on July 4.
- Bangladesh is importing six cargoes through its long-term deals this month, as well as two additional cargoes from the spot market arriving in mid July and on Jul 24-25, the official said.
- Petrobangla declared force majeure on LNG deliveries and cancelled four spot cargoes scheduled for delivery from late May to around mid June.
- Summit LNG is one of two floating LNG terminals in the country with a regasification capacity of 500mcf/d.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.