Excelerate reaches LNG transfer milestone

April 7, 2021
Excelerate Energy L.P. has completed its 2,000th commercial ship-to-ship transfer of liquefied natural gas.

Offshore staff

DHAKA, Bangladesh – Excelerate Energy L.P. has completed its 2,000th commercial ship-to-ship (STS) transfer of liquefied natural gas (LNG).

The milestone was achieved on April 3, 2021, at the company’s Moheshkhali floating LNG (MLNG) terminal offshore Bangladesh in the Bay of Bengal. Using its FSRU Excellence and a conventional LNG carrier, 144,191 cubic meters of LNG were transferred using the double-banked LNG transfer system.

To date, the company has transferred more than 236,405,000 cubic meters of LNG using its STS protocol.

Since 2018, Excelerate has provided reliable energy to Bangladesh through its two FSRUs in the Bay of Bengal. Both projects have represented a 20% uplift in gas supply to the country, allowing for a more resilient gas and power grid for the Chattogram region, the company said. MLNG was the country’s first LNG import facility.

The company conducted the industry’s first commercial STS transfer of LNG in 2007. Since then, STS transfers have been commercially accepted and proven in a wide range of environments, including open ocean and protected bodies of water at various locations between the LNG load ports and market delivery points.

According to the company, it has imported more than 157 cargoes of LNG and delivered an excess of 500 million MMBtu of natural gas into the Bangladeshi market to date. In March, the country reached its highest level of gas output with around 837 MMcf/d of natural gas as the government continues to increase its LNG imports to meet the rising domestic demand.

04/07/2021