First LNG arrives in Bangladesh

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25 April 2018

First LNG arrives in Bangladesh

Report summary

Excelerate Energy's Floating Storage and Regasification Unit (FSRU) Excellence arrived at Moheshkhali Port on April 23rd. The brings with it a commissioning cargo from Qatar. The project was co-developed by Petrobangla, Excelerate Energy and the IFC. Bangladesh suffers from two crippling energy shortages: electricity and gas. The introduction of LNG into the fuel mix is a critical step in overcoming these challenges.

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