Summit urges Petrobangla to reconsider decision on Bangladesh’s third FSRU

Bangladesh’s conglomerate Summit Group has urged state-owned Petrobangla to reconsider a notice to terminate the country’s third floating storage and regasification unit (FSRU) project. Summit said in a statement on Wednesday that the termination was “not only invalid but that any delay to the project, for which Summit has already invested approximately $20 million on…

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