FSRU Excellence that has delivered the commissioning cargo to Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) in April could finally spring into action.
The vessel is expected to start operation within a week at the Moheshkhali Island enabling Bangladesh to import liquefied natural gas and feed it to the power projects in the energy-starved country.
Reuters reports a director at the Petrobangla as saying that the vessel has been on hold since arriving from Qatar’s Ras Laffan complex with the commissioning LNG cargo, unable to dock at the import infrastructure due to bad weather.
The FSRU Excellence, owned by the Texas-based floating LNG solutions provider Excelerate Energy has a 500 million standard cubic feet of gas per day (MMscf/d) regasification capacity.
The weather pushed the company to declare force majeure on the project, however, Petrobangla said it does not accept it saying no payments will be made before the gas flow starts.
Petrobangla will be supplied with up to 2.5 million tons of LNG per annum from Qatar under a 15-year deal.
LNG World News Staff