PSA Marine wins 15-year Moheskhali FSRU service deal

PSA Marine wins 15-year Moheskhali FSRU service deal
Image courtesy of SPI

Summit Power International said its unit Summit LNG Terminal has awarded a 15-year deal to PSA Marine Bangladesh, to support LNG carriers calling at the Summit LNG FSRU terminal in Moheskhali, Bangladesh. 

PSA Marine Bangladesh, a unit of PSA Marine, will provide berthing, mooring, pilot and personnel transfer services to LNG ships calling at Summit LNG FSRU terminal, with its three escort tugboats, one fast crew boat and one offshore supply vessel.

The operations under the contract are expected to start in early 2019, SPI said in a statement.

In 2017, Summit LNG has received a concession from Petrobangla, Bangladesh’s state-owned company, to develop a floating LNG terminal facility comprising of a storage and regasification unit connected to shore by a six-kilometre subsea pipeline, on a build, own, operate, transfer basis in Moheskhali, Cox’s Bazar to supply approximately 500 million cubic feet per day of natural gas to the national grid.

The floating storage and regasification unit (FSRU) will be provided by Excelerate Energy on a 15-year charter agreement.

This project is part of SPI’s $1 billion investment programme to deliver 1,000 MW of power and gas in Bangladesh.

Speaking of the project, SPI chairman, Muhammed Aziz Khan said that the company will provide infrastructure to cater for Bangladesh’s demand for 15 million tons of LNG per year.

Share this article

Follow LNG World News

Events>

<< Jan 2020 >>
MTWTFSS
30 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

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Houston / Feb 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >