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

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Yinson Production Concludes Minority Stake Sale in FPSO Anna Nery

Petronas to Proceed with South China Sea Oil and Gas Exploration

Korea's Hanwha Raises Offer for Singapore's Dyna-Mac Takeover

ABS Gives Its Blessing to SHI’s Ammonia FPSO Design

SBM Offshore’s FPSO for ExxonMobil’s Guyana Oil Project Takes Final Shape (Video)

ADES Buys Two Jack-Ups from Vantage Drilling in $190M Deal

Heat Drives Asian LNG Spot Price Spike

CNOOC’s Deepwater Field Boasts Over 100 bcm Proven Gas Reserves

Jadestone Energy Secures Four Shallow Water Fields Offshore Malaysia

Current News

Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

Velesto’s Drilling Rigs Up for Automatization Overhaul Under New Tech Alliance

US Firm Finds Chinese Partner to Deliver Mobile Offshore Drilling Units

TotalEnergies and Oil India to Jointly Tackle Methane Emissions Issues

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Global Offshore Wind Stumbles to the End of '24

Seatrium Delivers Fifth Jack-Up to Borr Drilling

Malaysia's FPSO Firm Bumi Armada Eyes Merger with MISC’s Offshore Unit

Global OTEC Presents OTEC Power Module for Remote Offshore Platforms

Beam’s AI-Driven AUV to Hit Offshore Wind Market in 2025

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