Moheshkhali Floating LNG Terminal
| Part of the Global Gas Infrastructure Tracker, a Global Energy Monitor project. |
Moheshkhali Floating LNG Terminal, also known as Moheshkhali FSRU and MLNG, is an operating LNG import terminal in Bangladesh.
Location
Table 1: Location details
| Name | Location | Coordinates (WGS 84) |
|---|---|---|
| Moheshkhali Floating LNG Terminal | Moheshkhali Island, Bay of Bengal, Cox's Bazar, Chittagong, Bangladesh[1] | 21.608081, 91.825979 (approximate) |
The map below shows the approximate location of the terminal:
Project Details
Table 2: Infrastructure details
| Name | Facility type | Status | Capacity | Total terminal capacity | Offshore | Associated infrastructure |
|---|---|---|---|---|---|---|
| Moheshkhali Floating LNG Terminal | import[2] | operating[3] | 4.5 mtpa | 4.5 mtpa | True | – |
Table 3: Cost
| Name | Facility type | Cost | Total known terminal costs |
|---|---|---|---|
| Moheshkhali Floating LNG Terminal | import[2] | US$179,500,000 | US$179,500,000 |
Financing
No financing data available.
Table 4: Project timeline
| Name | Facility type | Status | Proposal year | FID year | Construction year | Operating year | Inactive year |
|---|---|---|---|---|---|---|---|
| Moheshkhali Floating LNG Terminal | import[2] | operating[3] | 2014[4] | – | 2017[5] | 2018[3] | – |
Ownership
Table 5: Ownership
| Name | Facility type | Status | Owners | Parent companies | Operator |
|---|---|---|---|---|---|
| Moheshkhali Floating LNG Terminal | import[2] | operating[3] | Bangladesh Oil, Gas and Mineral Corp [100%][6] | Bangladesh Oil, Gas and Mineral Corp [100.0%] | Bangladesh Oil, Gas and Mineral[7] |
Table 6: Vessel ownership
| Name | Facility type | Status | Vessel | Vessel owners |
|---|---|---|---|---|
| Moheshkhali Floating LNG Terminal | import[2] | operating[3] | Excelerate Excellence[8] | Excelerate Energy[9] |
Background
On July 18, 2016, Petrobangla, the state-owned Bangladesh Oil, Gas & Mineral Corporation, signed a deal with Texas-based Excelerate Energy for construction of Bangladesh's first LNG terminal—a floating storage and regasification unit (FSRU)—at Moheshkhali Island in the Bay of Bengal.[10]
In August 2018, the terminal entered into commercial operation, becoming Bangladesh's first LNG import terminal.[11] The new terminal enables Petrobangla to procure LNG to increase natural supply to the country by 20 percent. Excelerate will own and operate the terminal for 15 years, after which the company will transfer ownership to Petrobangla.[12]
It was reported in August 2021 that Excelerate Energy had sent a proposal to Petrobangla to increase its FSRU capacity to meet the rising demand for gas in Bangladesh. By replacing the existing FSRU with a new one by 2023, Excelerate is looking to increase the baseload regasification capacity of the terminal to 0.63 bcfd from the present 0.5 bcfd.[13]
In January 2024, the FSRU resumed LNG production after a two-month overhaul, which has increased its capacity to 4.5 mtpa or 0.6 bcfd.[14] Its capacity was previously 3.8 mtpa, or 0.5 bcfd.[15][16]
In November 2023, Excelerate Energy and Petrobangla have signed an LNG sale and purchase agreement under which Petrobangla agreed to purchase 0.85 to 1 mtpa of LNG from Excelerate for a term of 15 years beginning January 2026.[17]
Articles and Resources
Additional data
To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.
References
- ↑ https://www.google.com/maps/place/21%C2%B036'29.1%22N+91%C2%B049'33.5%22E/@21.608081,91.8234041,1074m/data=!3m2!1e3!4b1!4m4!3m3!8m2!3d21.608081!4d91.825979?entry=ttu&g_ep=EgoyMDI1MDgxMy4wIKXMDSoASAFQAw%3D%3D.
{{cite web}}: Missing or empty|title=(help) - ↑ 2.0 2.1 2.2 2.3 2.4 https://www.offshore-energy.biz/excelerate-energy-and-petrobangla-pen-15-year-lng-supply-deal/.
{{cite web}}: Missing or empty|title=(help) - ↑ 3.0 3.1 3.2 3.3 3.4 https://excelerateenergy.com/news/.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.dhakatribune.com/bangladesh/bangladesh-others/69510/deal-on-lng-terminal-initialled.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.offshore-technology.com/projects/moheshkhali-floating-lng-terminal/?cf-view.
{{cite web}}: Missing or empty|title=(help) - ↑ http://www.thebangladeshpost.com/national/6650/pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ https://lngprime.com/asia/cyclone-damages-excelerates-fsru-in-bangladesh/113898/.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.offshore-energy.biz/fsru-excellence-starts-operation-in-bangladesh/.
{{cite web}}: Missing or empty|title=(help) - ↑ https://finance.yahoo.com/quote/EE/profile/.
{{cite web}}: Missing or empty|title=(help) - ↑ "Moheshkhali to have largest LNG plant" Bangladesh Post, Aug 3, 2017.
- ↑ Excelerate Energy Commissions Bangladesh’s First LNG Import Terminal Excelerate Energy, Aug. 2018.
- ↑ "Bangladesh's First LNG Import Terminal Commissioned", The Maritime Executive, Aug. 23, 2018
- ↑ Azizur Rahman, "Excelerate Energy plans to raise baseload regasification capacity of Bangladesh FSRU", S&P Global, Aug. 6, 2021
- ↑ "Gas supply set to rise as Excelerate finishes its FSRU overhaul". The Financial Express. Jan 8, 2024. Retrieved June 4, 2024.
{{cite web}}: CS1 maint: url-status (link) - ↑ GIIGNL. The LNG Industry: GIIGNL Annual Report 2021. Accessed July 22, 2026.
- ↑ Moheshkhali Floating LNG Excelerate Energy, accessed December 2019.
- ↑ "Excelerate Energy and Petrobangla pen 15-year LNG supply deal". Offshore Energy. Nov 9, 2023. Retrieved June 4, 2024.
{{cite web}}: CS1 maint: url-status (link)
