Excelerate Energy, a US-based LNG company, has reached a milestone of 2000 commercial ship-to-ship (STS) transfers of liquefied natural gas (LNG) at its Moheshkhali Floating LNG (MLNG) terminal in the Bay of Bengal.
144,191 cubic meters of LNG were transferred using the double-banked LNG transfer system of Excelerate's Floating Storage Regasification Unit (FSRU) and a conventional LNG carrier in the Bay of Bengal this week, said a press statement issued on Saturday.
In the press statement, Cal Bancroft, chief operating officer of Excelerate Energy, expressed satisfaction with achieving the milestone of 2000 STS transfers in the Bay of Bengal. The company has registered a 20% increase in gas supply to Bangladesh.
"Having achieved this milestone is a testament to the hard work and dedication of our team and vessel crews worldwide," he added.
Since 2018, Excelerate has been providing clean, reliable energy to Bangladesh through its two FSRUs located offshore in the Bay of Bengal. It has so far successfully transferred over 236,405,000 cubic meters of LNG worldwide in the last 14 years.
"Operating in challenging locations like the Bay of Bengal is why customers can count on our teams to deliver much needed energy," Bancroft said.
Excelerate's MLNG terminal is Bangladesh's first LNG import facility. Its two FSRUs have made a more resilient gas and power grid possible for the previously underserved Chattogram region.
The US-based energy company has so far imported over 157 shipments of LNG and delivered an excess of 500 million MMBtu of natural gas to the Bangladesh market.