Bangladesh's Summit LNG Pauses FSRU Operations Due to Cyclone Damage

Monday, June 3, 2024

Bangladesh's Summit LNG has paused operations at its floating storage and regasification unit (FSRU) in Moheshkhali after it was hit by a stray pontoon during a cyclone on May 27, the company said in a statement to Reuters on Friday.

"There was damage to the ballast water tank of the FSRU," the statement said, adding an expert surveyor was on the way to board the FSRU to assess the damage.

"Due to the sensitive and explosive nature of handling liquefied natural gas (LNG) and national importance of FSRU in terms of gas supply to the national grid, Summit and the FSRU operator are taking full precaution in rectifying the matter before resuming normal operations," it added.

Cyclone Remal brought gales and heavy rain to the coastlines of India and Bangladesh earlier this week, killing at least 16 people and cutting power to millions. It is the first of the frequent storms expected to pound the low-lying coasts of South Asia this year, as climate change drives up surface temperatures at sea.

Summit's FSRU is one of Bangladesh's two floating LNG import terminals, with a regasification capacity of 500 million cubic feet per day that supplies gas to the national grid. It began commercial operations in April 2019.

Summit added in its statement that it was in close communications with Bangladesh's state-owned Petrobangla and Rupantarita Prakritik Gas Company Ltd (RPGCL).

It did not say when operations of the FSRU would resume.

With a population of over 170 million people, Bangladesh relies on LNG to meet power demand. It has seen annual imports increase, and last year shipped in 5.2 million metric tons of the fuel, according to data from analytics firm Kpler.


(Reuters - Reporting by Emily Chow in Singapore, Rahul Paswan and Harshit Verma in Bengaluru; Editing by Jan Harvey and Mark Potter)

Categories: LNG Industry News Activity Asia

Related Stories

South Korean Firm Buys Into Indonesian Offshore Oil Block

DOF Bags Two Deals in Asia-Pacific Region

Indonesia Tenders Eight Oil and Gas Blocks as Output Declines

Technip Energies Gets On Board Thailand’s First CCS Project

Eni Makes Significant Gas Discovery Offshore Indonesia

CNOOC Puts New South China Sea Development Into Production Mode

MDL Secures Cable Laying Job in Asia Pacific

Synergy Marine Group Completes Conversion of LNG Vessel to FSRU

Japan Picks Wood Mackenzie to Assess Trump-Backed Alaska LNG Scheme

Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG

Current News

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

South Korean Firm Buys Into Indonesian Offshore Oil Block

Petronas, CNOOC Ink LNG Sale and Purchase Agreement

Russia Gives ExxonMobil More Time to Exit Sakhalin-1 Oil and Gas Project

Yinson Production Cuts First Steel for Vietnam-Bound FSO

CNOOC Makes Major Oil Discovery in Bohai Sea

DOF Bags Two Deals in Asia-Pacific Region

CNOOC Launches New Offshore Oil Development in Southern China

Saipem Nets Multibillion-Dollar Job at World's Largest Offshore Gas Field

Indonesia Tenders Eight Oil and Gas Blocks as Output Declines

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