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Bangladesh's Summit LNG to send broken FSRU to Singapore or Middle East for repair work

Bangladesh's Top LNG stated its floating storage and regasification system (FSRU) was ready to discharge the liquefied gas (LNG) it had onboard before continuing to Singapore or the Middle East for necessary repair work.

It hopes the FSRU, which acts as a drifting LNG import terminal, can go back to the nation within three weeks after repair work, it stated in a declaration on Wednesday.

A damaged roaming steel structure weighing numerous heaps had struck the FSRU when Cyclone Remal lashed Bangladesh in May, it added, triggering considerable damage.

The effect sheared the vessel's outer hull, roughly one metre below the waterline, leading to water ingress into the ballast tanks, Top LNG stated.

Cyclone Remal brought windstorms and heavy rain to the coastlines of India and Bangladesh, leading Top LNG to halt operations of its FSRU in Moheshkhali after it was hit by a. stray pontoon on May 27.

With a regasification capacity of 500 million standard cubic. feet each day (mmscfd), the FSRU is among Bangladesh's two. floating LNG import terminals that supplies gas to the national. grid.

A senior official at state-owned Petrobangla, which is. charged to import LNG for the country, said it might take time for. the terminal to reboot operations as technical issues stay.

The halt at Summit's LNG terminal operations lowers. Bangladesh's LNG send-out capacity to 600 mmscfd from 1,100. mmscfd, stated Joachim Moxon, an LNG expert at ICIS.

Presuming send-out capacity is lowered through June, it. might reduce LNG imports by as much as four cargoes this month,. he stated.

Bangladesh's gas-fired generation, which halved on May. 28-29, has actually because increased however stays lower than before the. interruption, included Moxon.

There must be enough coal and oil capacity to cover the. shortage.

With a population of more than 170 million people,. Bangladesh relies on LNG to satisfy power need.

In 2015, the nation delivered in 5.2 million metric lots of. the fuel, up 18% from a year previously, according to data from. analytics firm Kpler.