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

Inpex Moves to Accelerate Indonesia’s Abadi LNG Project

Turkish Petroleum, Chevron Discuss Joint Oil and Gas Exploration

Petrovietnam Agrees First-Ever LNG Term Deal with Shell

ADNOC Takes FID on SARB Deep Gas Project Offshore Abu Dhabi

DOF Bags Two Deals in Asia-Pacific Region

CNOOC Launches New Offshore Oil Development in Southern China

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

CNOOC Puts New South China Sea Development Into Production Mode

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

MODEC Forms Dedicated Mooring Solutions Unit

Current News

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Northern Offshore’s Energy Emerger Rig Up for Drilling Job off Oman

Petronas Plans Ramp-Up in Exploration, Production Over Three Years

Australia and Timor-Leste Push to Advance Greater Sunrise Gas Field

MODEC, Eld Energy Partnership Targets Low-Carbon FPSO Power

JERA Lifts First LNG Cargo From Barossa Gas Project in Australia

Inpex Moves to Accelerate Indonesia’s Abadi LNG Project

Chevron in Final Talks with Eneos, Glencore on Singapore Assets Sale

Seadrill Firms Up Offshore Drilling Workload with Multi-Region Contract Awards

Turkish Petroleum, Chevron Discuss Joint Oil and Gas Exploration

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