• Natural Gas News

    Excelerate completes 2000th STS LNG transfer

Summary

The milestone was achieved at its Moheshkhali floating LNG terminal in Bangladesh.

by: Shardul Sharma

Posted in:

Complimentary, NGW News Alert, Natural Gas & LNG News, Asia/Oceania, Liquefied Natural Gas (LNG), Corporate, Import/Export, Infrastructure, News By Country, Bangladesh

Excelerate completes 2000th STS LNG transfer

Excelerate Energy completed its 2000th commercial ship-to-ship (STS) transfer of LNG on April 3 at its Moheshkhali floating LNG terminal in Bangladesh, the company said on April 6. 

Using the floating storage regasification unit (FSRU) Excellence and a conventional LNG carrier, 144,191 m3 of LNG were transferred using the double-banked LNG transfer system. 

The company has been operating in Bangladesh since 2018 and has two FSRUs located offshore in the Bay of Bengal. According to Excelerate, both projects have represented a 20% uplift in gas supply to the country. Moheshkhali was the country's first LNG import facility.

Excelerate has imported over 157 cargoes of LNG into the Bangladeshi market to date. In March, the country reached its highest level of gas output with around 837mn ft3/day of natural gas as the government continues to increase its LNG imports to meet the rising domestic demand, it said. 

Banner image courtesy Excelerate Energy