Floating Storage Regasification Units (FSRUs)

The Supreme Court building in Dhaka. File Photo: BSS
Court

SC stays re-tender process for 3rd FSRU following Summit’s appeal

Summit LNG challenged the legality of the interim government’s decision to scrap a previously agreed deal for a second FSRU

The Floating Storage Regasification Unit (FSRU) operated by Summit in the Bay of Bengal is vital for Bangladesh's gas supply. However, both it and the FSRU operated by Excelerate Energy face security concerns due to a lack of dedicated surveillance. Operators have long sought government security support, but progress on essential measures has stalled since April despite annual meetings. Photo: SUMMIT POWER INTERNATIONAL WEBSITE
Energy

Inadequate security for FSRUs threatens gas supply chain