Summit LNG marks major operational milestone with 300th ship-to-ship transfer

Summit LNG Terminal Co (Pvt.) Ltd. (SLNG) has achieved a major milestone with the successful completion of its 300th ship-to-ship (STS) operation, reaffirming its commitment to world-class safety and operational excellence.

During the 2025�"2026 financial year alone, the terminal supplied approximately 18 per cent of Bangladesh’s total gas demand, playing a vital role in ensuring the country’s energy security. Since commencing operations on April 30, 2019, SLNG has received 41,853,294 cubic metres of liquefied natural gas (LNG) and supplied approximately 945,337,306 million British thermal units (MMBTU) of regasified liquefied natural gas (RLNG) to the national gas grid.

SLNG extends its sincere appreciation to Excelerate Energy LP and PSA Marine of Singapore for their outstanding contributions to maintaining safe, efficient and uninterrupted STS and terminal operations, says a press release. 

The company also expresses its gratitude to its valued clients�"the Government of Bangladesh, Petrobangla and RPGCL�"for their continued trust and support. SLNG acknowledges the contributions of its foreign lenders, including SMBC Singapore and others, whose partnership has been integral to its operational journey.

The company is proud to celebrate this milestone alongside its engineering and classification partners, including MacGregor, Geocean, Det Norske Veritas (DNV), Bureau Veritas (BV) and Shelf Subsea.

SLNG is also honoured that leading global oil and gas companies, including QatarGas, BP, Shell, Total, Chevron Shipping, Cheniere Energy, Petronas and NLNG, have vetted the terminal and recognised it as a safe and compliant facility.

The company acknowledges the invaluable support of numerous government agencies and regulatory bodies that have contributed to its operations. These include the Department of Shipping, Chittagong Port Authority, Department of Environment, Bangladesh Investment Development Authority (BIDA), Bangladesh Energy Regulatory Commission (BERC), Ministry of Energy and Mineral Resources, Customs, National Board of Revenue (NBR), Registrar of Joint Stock Companies and Firms (RJSC), Department of Explosives, Bangladesh Bank, Gas Transmission Company Limited (GTCL), Bangladesh Navy, Bangladesh Coast Guard, Moheshkhali Upazila Administration, Bangladesh Inland Water Transport Authority (BIWTA), Department of Fisheries, Ministry of Home Affairs, Ministry of Finance, River Police and Cox’s Bazar District Administration.

SLNG also extends its appreciation to the LNG suppliers, traders and shipping companies whose collaboration has contributed to the continuity, efficiency and safety of offshore STS operations. They include QatarEnergy, BP Shipping, Nakilat Shipping, Maran Gas Maritime, MOL LNG Shipmanagement, NYK, K-Line, Höegh LNG, Teekay Shipping, Golar LNG, Shell International Trading & Shipping Co. Ltd. (STASCO), TotalEnergies, Shell, Vitol, BP Gas, Angola LNG, ENN LNG, Total Gas & Power, Cheniere, PetroChina, ExxonMobil LNG and Excelerate Energy.

SLNG, a key strategic energy infrastructure asset, is owned and operated by a joint venture in which Summit Corporation holds a 75 per cent stake and Mitsubishi holds 25 per cent. The government designated the offshore terminal at Moheshkhali a Grade-1 (GA) Key Point Installation (KPI) on July 16, 2025, recognising its importance to national energy security.

The terminal provides LNG transfer and storage, regasification and delivery of RLNG to the national gas transmission network through a 5.32-kilometre subsea pipeline.