Summit LNG Marks Major Operational Milestone with 300th Ship-to-Ship Transfer
Photo caption: Summit’s Floating Storage and Regasification Terminal marks a major operational milestone with its 300th Ship-to-Ship (STS) transfer.
(Moheshkhali, Bangladesh), 25 th October 2026, Sunday: Summit LNG Terminal Co. (Pvt.) Ltd. (“SLNG”) celebrates the milestone completion of its 300th Ship-to-Ship (STS) operation, achieved with consistent commitment to world-class safety and operational excellence.
During the 2025–2026 financial year alone, the terminal has supplied approximately 18% of the country’s total gas demand, playing an indispensable role in ensuring Bangladesh’s energy security. Since its commissioning in April 2019, SLNG has received 41,853,294 m³ of LNG and supplied approximately 945,337,306 MMBTU of Regasified Liquefied Natural Gas (RLNG) to the national gas grid.
SLNG conveys its sincere appreciation to Excelerate Energy LP and PSA Marine, Singapore for their exemplary contributions in maintaining safe, efficient, and uninterrupted STS and terminal operations.
We remain deeply grateful to our valued client—the Government of Bangladesh, Petrobangla, and RPGCL—for their continued trust in Summit. SLNG also acknowledges the support of its foreign lenders, including SMBC, Singapore and others, whose partnership has been integral to our operational journey.
The company is equally proud to celebrate this milestone alongside its engineering and classification partners: MacGregor, Geocean, Det Norske Veritas (DNV), Bureau Veritas (BV), and Shelf Subsea.
SLNG is honoured that leading global oil and gas majors—including QatarGas, BP, Shell, Total, Chevron Shipping, Cheniere Energy, Petronas and NLNG—have vetted the Terminal as a safe and compliant facility.
We also recognise the invaluable support of numerous government and regulatory bodies, including the Department of Shipping, Chittagong Port Authority, Department of Environment, BIDA, BERC, Ministry of Energy and Mineral Resources, Customs, NBR, RJSC, Department of Explosives, Bangladesh Bank, GTCL, Bangladesh Navy, Coast Guard, Moheshkhali Upazila Administration, BIWTA, Department of Fisheries, Home Ministry, Ministry of Finance, River Police, and the Cox’s Bazar District Administration SLNG also expresses gratitude to LNG suppliers – Qatar Energy, BP Shipping, Nakilat Shipping, Maran Gas Maritime, MOL LNG Shipmanagement, NYK, K-Line, Höegh LNG, Teekay Shipping, Golar LNG, and Shell International Trading & Shipping Co. Ltd. (STASCO),Total Energy, Shell, Vitol, BP Gas, Angola LNG, ENN LNG, Total Gas & Power, Cheniere, PetroChina, Exxonmobil LNG, Excelerate —whose collaboration has ensured the continuous success and safety of offshore STS operations.
Lastly, SLNG proudly celebrates the dedication, professionalism, and resilience of its employees, whose unwavering commitment keeps the terminal operating safely and efficiently every day.
About Summit LNG Terminal Co. (Pvt.) Ltd. (“SLNG”): SLNG, a key strategic energy infrastructure asset of Bangladesh, has constructed, owned and operated the offshore LNG receiving terminal at Moheshkhali from 30 April 2019. Recognising the terminal & critical role in maintaining national energy security and ensuring the continuity of natural gas supply, the Government of Bangladesh formally designated the offshore LNG terminal as a Grade-1 (GA) Key Point Installation (KPI) on 16 July 2025. Mitsubishi holds a 25% interest in this joint venture with Summit Corporation (which holds 75%). The Terminal’s core services include ship-to-ship (STS) transfer and storage of LNG, regasification, and delivery of uninterrupted Regasified Liquefied Natural Gas (RLNG) to the national gas transmission network through a 5.32 km subsea pipeline.
For further enquiry:
Mohsena Hassan
Email: mohsena.hassan@summit-centre.com | Whatsapp/Mobile:+8801713081905