Summit LNG Terminal Co ("SLNG") has a concession from Petrobangla, Bangladesh’s state-owned company and developed a floating LNG terminal facility comprising of a Floating Storage and Regasification Unit (FSRU) connected to shore by a six-kilometre subsea pipeline, on a build, own, operate, transfer basis in Moheskhali, Cox’s Bazar to supply approximately 500 million cubic feet per day of natural gas to the national grid. SLNG has Time Charter Party agreement for 15 years with Excelerate Energy L.P. (“Excelerate”).
#SLNG #ShiptoShipTransfer #energysecurity

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