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

Petrovietnam Agrees First-Ever LNG Term Deal with Shell

Low Demand, High Supply Keeps Asia LNG Spot Prices Flat

Saipem Lands $425M Turkish Gas Contract in Sakarya Expansion

Petronas, CNOOC Ink LNG Sale and Purchase Agreement

CNOOC Makes Major Oil Discovery in Bohai Sea

Japan’s JERA Signs First Long-Term LNG Deal with India’s Torrent Power

Venture Global, Tokyo Gas Ink 20-Year LNG Supply Deal

MODEC Forms Dedicated Mooring Solutions Unit

MDL Secures Cable Laying Job in Asia Pacific

Hanwha Ocean Enlists ABB for Singapore’s First Floating LNG Terminal

Current News

Vantris Energy Lands Petronas Job on Malaysia’s Offshore Fields

Murphy Oil Appraisal Well Boosts Resource Outlook at Field off Vietnam

Viridien Kicks Off Multi-Client Reimaging Program off Malaysia

Petrovietnam Agrees First-Ever LNG Term Deal with Shell

ADNOC Takes FID on SARB Deep Gas Project Offshore Abu Dhabi

Jereh Group Delivers Oil Separation Systems for Petrobras’ FPSO Units

Offshore Rig Outlook: As 2025 Challenges Fade, Path Ahead Brightens

Offshore Energy and Boosting the Energy Efficiency of Water Processes

Low Demand, High Supply Keeps Asia LNG Spot Prices Flat

Following Big Loss in 2025, Oil Steadies

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