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Summit LNG Terminal Initiates Gas Supply to Bangladesh's National Grid

Summit LNG Terminal has started supplying gas to the national grid, enhancing energy availability.

By Staff Correspondent
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Summit FSRU begins gas supply | Business
BSS

Summit LNG Terminal has commenced supplying gas to Bangladesh's national grid from 6:10 pm today, with an initial supply of approximately 110 million cubic feet per day (MMCFD). This supply is expected to gradually increase to the full capacity of 550 MMCFD by 2 am tomorrow, according to a Summit spokesperson. The increased gas supply is anticipated to improve availability for industries, power generation, and other consumers, supporting economic activity and easing pressure on the country’s energy system.

Summit LNG Terminal, located off the coast of Cox's Bazar, is a floating storage and regasification unit (FSRU) that converts liquefied natural gas (LNG) into natural gas for distribution. The terminal is part of Bangladesh's efforts to diversify its energy sources and reduce reliance on traditional gas supplies. By enhancing the gas supply, the terminal aims to support the growing energy demands of the nation.

Chairman of Petrobangla, Abdul Mannan, confirmed that Summit has begun supplying gas from its FSRU this evening. He stated, 'We hope the gas pressure will increase gradually and it will reach full-scale by midnight.' Additionally, Exelerate Energy's FSRU is also supplying gas to contribute to the overall enhancement of supply.

The commencement of gas supply from Summit LNG Terminal is a significant development for Bangladesh's energy sector. Natural gas is a critical resource for the country, used extensively in power generation, industrial processes, and domestic consumption. The additional supply from the terminal is expected to provide relief to the national grid, which has faced challenges in meeting the increasing energy demands.

The increased gas supply is particularly important for industries that rely heavily on natural gas for their operations. Enhanced availability of gas is likely to improve production efficiency and reduce operational costs for these industries. Additionally, the supply boost is expected to support power generation, helping to stabilize the electricity supply and reduce outages.

For Bangladeshi consumers, the improved gas supply means greater energy security and potentially lower energy costs. As the terminal ramps up to full capacity, the benefits are expected to be felt across various sectors, contributing to the overall economic stability and growth of the country.

Source: BSS

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