Excelerate’s FSRU to visit yard for repairs

Excelerate Energy’s 138,000-cbm FSRU Summit LNG, which serves Bangladesh’s second LNG import terminal located offshore Moheshkhali Island in the Bay of Bengal, will visit a yard for repairs after it was damaged last week during cyclone Remal.

“Due to the extent of the damage sustained by the FSRU Summit LNG, the vessel is expected to sail to a shipyard facility for repairs,” Excelerate told LNG Prime in an emailed statement late on Thursday.

“Excelerate is committed to making any necessary repairs and returning to service in Bangladesh as soon as possible,” the company said.

Exclelerate did not provide further information.

On May 27, 2024, at approximately 20:10 local time, the FSRU Summit LNG sustained damage during “adverse weather conditions” from a floating object which made several points of contact with the vessel’s starboard side.

Several reports said, citing a statement by Summit LNG, that “the impact sheared the vessel’s outer hull, approximately one meter below the waterline, leading to water ingress into the ballast tanks.”

Summit reportedly hopes to complete the repairs in either Singapore or the Middle East in three weeks.

LNG Prime previously invited Bangladesh’s Summit to comment on the matter, but we did not receive a response.

In August 2017, Summit entered into a 15-year charter agreement with Excelerate for the FSRU, and the unit began operations at the facility in April 2019.

The terminal has a sendout capacity of 500 million standard cubic feet per day (MMscf/d) of natural gas, and the FSRU is connected to shore by a six kilometers long subsea pipeline.

Excelerate’s FSRU also serves Bangladesh’s first LNG import facility, Moheshkhali Floating LNG or MLNG, operated by Petrobangla.

Launched in 2018, the 138,000-cbm FSRU Excellence completed its 100th STS transfer offshore Bangladesh in 2021.

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