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>

<< Dec 2018 >>
MTWTFSS
26 27 28 29 30 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 5 6

Global LNG Forum 2019

Global LNG Forum is your opportunity to see what the future of LNG will be like…

read more >

LNG2019

LNG2019 is presented by the IGU, GTI and IIR, supported by the Shanghai Government and hosted by China LNG Association, China Gas Society, The Chinese Association of Refrigeration and China Gas Association.

read more >

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >