Bangladesh's Moheshkhali LNG Terminal Back to Nearly Full Capacity

Sudarshan Varadhan and Ruma Paul
Monday, May 22, 2023

Bangladesh's Moheshkhali liquefied natural gas (LNG) terminal, operated by Excelerate Energy, resumed supply at nearly full capacity late on Sunday, two government officials told Reuters, after being closed for about a week due to a deadly storm. 

The resumption of operations at the two terminals is set to provide a respite to millions of Bangladesh citizens, who have been hit by frequent outages in recent months. 

The closure of the Moheshkali and the Summit LNG floating regasification units due to cyclone Mocha - one of the strongest storms to hit the region in years - had caused widespread power cuts across the country over the last week. 

"Both the terminals are now supplying close to 1,000 million standard cubic feet per day (mmscfd)," one of the officials said. 

Natural gas accounts for about two-thirds of Bangladesh's annual power output, and the energy-hungry nation is increasingly exposed to price shocks caused by erratic weather and geopolitical changes amid dwindling domestic reserves. 

Three LNG cargoes which were delayed due to the storm have arrived at the port of Chittagong, the official said. 

(Reuters - Reporting by Sudarshan Varadhan and Ruma Paul; editing by Jason Neely)

Categories: LNG Vessels Coastal/Inland Asia FSRU

Related Stories

Mermaid Maritime Expands Into US Offshore Market

Fugro Secures India Deepwater Drilling ROV Contract

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Hormuz Traffic Falls to Five-Week Low as Tensions Escalate

ADNOC, XRG and Mitsui Broaden Energy Cooperation

MODEC Advances Construction of Brazil-Bound Gato do Mato FPSO

ASCO Sets Up Shop in Qatar to Drive Middle East Expansion

Qatari LNG Carriers Re-Enter Hormuz as Traffic Through Strait Slumps

Explosion at Qatar's Ras Laffan LNG Hub Injures 54, Leaves 18 Missing

Current News

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Mermaid Maritime Expands Into US Offshore Market

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

Fugro Secures India Deepwater Drilling ROV Contract

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com