LNG Deliveries Cancelled After Storm Damages Terminal bdnewsThe government has cancelled four spot cargo deliveries of liquified natural gas or LNG with one of Bangladesh’s two import terminals damaged during recent cyclone Remal. Summit hoped the FSRU, which acts as a floating LNG import terminal, could return to the country within three weeks after repairs. Reuters reported that Summit LNG told state gas company Petrobangla that it had declared force majeure on LNG deliveries after its terminal was damaged, one of the sources added. Due to Summit’s terminal outage, Petrobangla cancelled four spot cargoes scheduled for delivery from late May to around mid-June, a senior Petrobangla official told Ruters. It has imported 2.6 million metric tons of LNG so far this year, with May shipment volumes reaching an all-time monthly record of 600,000 metric tonnes.

Source: bd News24 June 19, 2024 05:59 UTC