Business Desk

Summit Group has completed the repair of its floating storage and regasification unit (FSRU), known as LNG Terminal, but it will take 20 more days to get service from the facility as Petrobangla needs time to import LNG.

“Summit is pleased to announce that Summit LNG Terminal Co Pvt Limited (“SLNG”) is now ready for ship-to-ship transfer and regasification of LNG in order to send out 500 million cubic feet per day (mmcfd) of regasified LNG to the national grid,” it said in a statement on Thursday.

Considering the national importance of SLNG to meet the demand of power, fertiliser and gas in the industrial sectors, Summit’s officials along with its international partners have been working tirelessly round the clock to resume gas supply to the national grid, it added.

On May 23 this year, the ship-to-ship transfer was strategically avoided due the onset of cyclone Remal. A few days later on May 27, during the peak of cyclone Remal, a stray broken floating pontoon weighing hundreds of tonnes repeatedly hit Summit’s FSRU causing damage to the ballast water tank.

Though the LNG Terminal has been ready for resuming operation, it will take about 20 days to get its benefit as the government has to import LNG from abroad to use its service.

Power and Energy Adviser of the interim government Dr Muhammad Fouzul Kabir Khan on Wednesday informed that technical problems of the Summit Group's LNG Terminal has been fixed and now it is waiting for resuming production.

He also noted that it will take about 20 days to import LNG from abroad to resume production at the terminal.