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Bangladesh's floating LNG terminal conducts first ship-to-ship gas transfer

SINGAPORE/DHAKA, May 23 (Reuters) - Bangladesh's second
liquefied natural gas (LNG) floating facility is set to receive
its first ship-to-ship transfer of gas from an Algerian cargo, a
spokeswoman from operator Summit LNG Terminal told Reuters on
Thursday.
    'Summit LNG', the floating storage and regasification unit
(FSRU), will receive 159,000 cubic metres of LNG from Oman
Trading International, with the transfer expected to be
completed by Thursday night, the spokeswoman said.
    The LNG tanker, Creole Spirit, loaded gas from Bethioua,
Algeria, she said, adding that a second LNG tanker is expected
to arrive on June 3. 
    The FSRU is 75% owned by Summit Corp, a unit of Summit Power
International, while its remaining stake is held by Japan's
Mitsubishi Corp  8058.T .
    The FSRU started to feed gas to Bangladesh's national grid
in late April after picking up its commissioning cargo from
Qatar.  urn:newsml:reuters.com:*:nL3N22412O  urn:newsml:reuters.com:*:nL3N22C1T0
    Summit Power International, which owns power generation
assets in Bangladesh and is owned by Bangladeshi conglomerate
Summit Group, has chartered the vessel, which is able to
regasify 500 million cubic feet of LNG a day from U.S.-based
Excelerate Energy for 15 years.

 (Reporting by Jessica Jaganathan in Singapore and Ruma Paul in
Dhaka; Editing by James Emmanuel)
 ((Jessica.Jaganathan@thomsonreuters.com; +65 6870 3822; Reuters
Messaging: jessica.jaganathan.thomsonreuters.com@reuters.net;
Twitter: https://twitter.com/j3ssi3))

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