The time charted vessel “Summit LNG” arrived at the Bay of Bengal off the coast of Bangladesh ahead of plan. The vessel is under a 15-year time chartered from Excerelate Energy and will carry liquified natural gas (LNG) from Qatar to Bangladesh.
Additionally, the Summit LNG carried a Floating Storage and Regasification Unit (FSRU) which will connect to a subsea pipeline to provide regasified LNG to the grid onshore.
Muhammed Aziz Khan, Founder Chairman of Summit commented, “We are pioneering adaptation of cutting-edge technology for most economical, efficient and sustainable energy solutions to enable graduation to a developed country. Summit is promised bound to provide least cost environment-friendly solutions.”
Overall, Summit can process up to 500 million ft3 of LNG every day.
