Summit LNG Terminal

Summary Information

• Ownership: Summit Power International
• Website: https://summitpowerinternational.com/
• Location: Moheshkhali Island, Bangladesh
• Capacity: 3.75 million tons/annum
• Status: In operation

Brief Description

• The terminal includes the provision of Excelerate’s floating storage and regasification unit (FSRU), Summit LNG. The FSRU has 138,000 m3 of LNG storage capacity and a base regasification capacity of 500 million standard cubic feet per day.

Technical Details

• Storage capacity:
• Unloading capacity:
• Send out capacity:
• Constructor:

Ongoing Projects/Project Status

• The terminal was commissioned in 2019

Suppliers / Customers

• Suppliers: Excelerate will deliver 0.85 MTPA of LNG in 2026 and 2027 and 1 MTPA from 2028 to 2040, shared between its two terminals
• Customers: A pipeline connects the liquefied natural gas (LNG) terminal to the national grid

History

• 2017 - Summit entered into a 15-year charter agreement with Excelerate for the FSRU Summit LNG
• 2019 - Terminal commissioned
• 2023 - Excelerate Energy and Petrobangla Sign Long-Term LNG Sale and Purchase Agreement

Other Information

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Links

1. Natural gas flows from 'Summit LNG' a month ahead of schedule
2. Excelerate Energy and Petrobangla Sign Long-Term LNG Sale and Purchase Agreement