Excelerate Energy has completed a 2000th commercial ship-to-ship (STS) transfer of liquefied natural gas (LNG) on April 03, 2021.
The company noted the milestone operation was wrapped up at its Moheshkhali floating LNG terminal located offshore Bangladesh in the Bay of Bengal.
Using Excelerate’s floating storage regasification unit (FSRU) Excellence and a conventional LNG carrier, 144,191 cubic meters of LNG were transferred using the double-banked LNG transfer system.
To date, Excelerate has successfully transferred over 236,405,000 cubic meters of LNG using its STS protocol.
Since 2018, Excelerate has been operating its two FSRUs located offshore in the Bay of Bengal, Bangladesh. Both projects have represented a 20 percent uplift in gas supply to the country, allowing for a more resilient gas and power grid for the Chattogram region, which is home to residents, fertilizer factories, and several industries that were previously underserved.
Moheshkhali LNG was the country’s first LNG import facility.
Excelerate noted it has 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.
Excelerate has imported over 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 million cubic feet per day (MMcf/d) of natural gas as the government continues to increase its LNG imports to meet the rising domestic demand.