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

OceanAlpha Shares USV Offerings at Oi26

Oil Hikes 7% after Trump Says US-Israel will Keep Striking Iran

EnQuest Enters Malaysia with Cendramas Production Sharing Deal

INPEX Extends Pertamina LNG Pact, Signs Upstream MoU in Southeast Asia

Chiyoda, NYK, KNCC Target Global CCS Value Chain Development

Iran War Sends LNG Prices Soaring, Curbing Asia Demand

Qatar LNG Exports Cut 17% After Missile Strikes, $20B Revenue Loss Expected

ADNOC Gas Adjusts LNG Output Amid Hormuz Disruptions

Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

Current News

OceanAlpha Shares USV Offerings at Oi26

Oil Hikes 7% after Trump Says US-Israel will Keep Striking Iran

Iran Assures Safe Hormuz Transit for Philippine Vessels

EnQuest Enters Malaysia with Cendramas Production Sharing Deal

Bahrain Push for Hormuz Shipping Resolution Hits Hurdles at UN

Energean Warns Prolonged Conflict May Delay $1B Gas Project

Iran War Reshapes Global LNG Trade

Drone Strike on Kuwaiti Oil Tanker off Dubai Signals Further Escalation in Gulf

INPEX Extends Pertamina LNG Pact, Signs Upstream MoU in Southeast Asia

Chiyoda, NYK, KNCC Target Global CCS Value Chain Development

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