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

Events>

<< Oct 2018 >>
MTWTFSS
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 4

LNG Supply, Transport & Storage South Asia Forum 2018

LNG Supply, Transport & Storage South Asia Forum 2018 will address and propagate LNG imports…

read more >

Offshore Energy Exhibition & Conference 2018

Offshore Energy Exhibition & Conference (OEEC) is Europe’s leading offshore energy event.

read more >

LNG Philippines Forum 2018

LNG’s role in the Philippines’ energy mix will only get bigger…

read more >

5th Mozambique Gas Summit & Exhibition

Following the Summit’s success in 2017, the CWC Group in partnership with ENH and with the support and participation from MIREME and INP, are delighted to invite you to the 5th edition of the Mozambique Gas Summit & Exhibition taking place at a larger venue this year, the NEW Joaquim Chissano Conference Centre in Maputo on 31 October – 2 November 2018.

Recognised as the leading strategic meeting for Mozambique’s gas industry, the event addresses the entire gas and LNG value chain bringing together Government officials with industry stakeholders for 3 highly interactive days of networking and frank discussions aiming to establish Mozambique as the next international gas hub.

More info

read more >