Summit’s LNG terminal gets first ship-to-ship transfer

Published : 06:00, May 26, 2019 | Updated : 06:00, May 26, 2019

‘Summit LNG’ (left) received 159,000 cubic meters of LNG from tanker (on right) using flexible transfer hoses and after regasifying LNG supplied to the National Gas Grid via subsea pipeline. COURTESYBangladesh’s second liquefied natural gas (LNG) floating facility is set to receive its first ship-to-ship transfer of gas from an Algerian cargo, said a spokesperson from operator Summit LNG Terminal.
‘Summit LNG’, the floating storage and regasification unit (FSRU), received 159,000 cubic metres of LNG from Oman Trading International.
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.
Summit LNG, a vessel with floating storage and re-gasification unit (FSRU), will supply 500 million cubic feet of re-gasified LNG to the national grid every day. Handout photoThe 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.