King & Spalding advises Summit on Bangladesh LNG terminal

King & Spalding advises Summit on Bangladesh LNG terminal
Image courtesy of King & Spalding

International law firm King & Spalding has been hired to act for Summit Corporation on all aspects of the new FSRU-based LNG import terminal in Bangladesh. 

Summit will sign a 15-year time charter agreement with Excelerate Energy for a floating storage and regasification unit (FSRU) to be deployed at Moheshkhali island in the Bay of Bengal.

The FSRU is expected to supply around 500,000 Mcf/d of gas from imported LNG, which will be supplied to Bangladesh via a 9-kilometer subsea pipeline off Moheshkhali.

The FSRU time charter agreement follows on from a terminal use agreement and an implementation agreement for the project, which were both agreed with the Government of Bangladesh and PetroBangla earlier in 2017, King & Spalding said.

Share this article

Follow LNG World News


<< Aug 2017 >>
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Budapest LNG Summit

Budapest LNG Summit is a niche event focused on the up and coming LNG  region of Central & Eastern Europe (CEE).

read more >

03rd OIL & GAS TANZANIA 2017

After a successful Oil & Gas Exhibition in 2016, Expogroup is all set for the 6th OIL & GAS AFRICA 2017…

read more >

LNGgc London

Attend LNGgc London this year, the flagship event of the international LNGgc series.

read more >

CWC World LNG & Gas Series: Asia Pacific Summit

Now in its ninth year, the most established and highly-regarded LNG Summit in Asia Pacific – CWC’s World LNG & Gas Series: Asia Pacific Summit…

read more >