Bangladesh Resolves FSRU Issues

November 19, 2018

Bangladesh will resume liquefied natural gas (LNG) imports this week after resolving issues with its sole floating storage and regasification (FSRU) unit, a senior official said on Monday.

Two cargoes, meant to be delivered on Nov. 7 and Nov. 15, had been cancelled as the FSRU was closed due to problems with a hydraulic line that operates an emergency shutdown valve.

(Photo: Excelerate Energy)
(Photo: Excelerate Energy)

"The problem with the hydraulic line has been resolved now," said Mohammad Quamruzzaman, managing director of Rupantarita Prakritik Gas Co, the unit in-charge of LNG imports at state-owned oil firm Petrobangla.

The next cargo with 140,000 cubic-meter LNG will arrive on Nov. 21, he told Reuters.

No LNG has been discharged into Bangladesh's Cox's Bazar since Oct. 29, shiptracking data from Refinitiv Eikon showed.

Bangladesh has a long-term supply agreement with Qatar's RasGas Co. The South Asian nation began importing LNG from Qatar on a regular basis in September. The FSRU arrived in April for commissioning in Moheshkhali port by Cox's Bazar.

A second FSRU project, operated by Summit Corp with Japan's Mitsubishi Corp as a partner, is expected to start operations in March next year, doubling the country's import capacity to 7.5 million tonnes a year.


(Reporting by Ruma Paul; additional reporting by Jessica Jaganathan, Editing by Sherry Jacob-Phillips)

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