Svitzer Wins Work at Bangladesh’s 1st LNG Import Terminal

Excelerate Energy Bangladesh Limited (Excelerate) has awarded Svitzer a fifteen-year contract to provide marine support services at Bangladesh’s first liquefied natural gas (LNG) import terminal, to be located offshore Moheshkhali Island in the Bay of Bengal.

Bangladesh’s first LNG import terminal will enable Petrobangla, the state owned energy company, to increase natural gas supply in the country by up to 20 percent, sufficient to support up to 3,000 MW of power generation capacity.

The construction of the terminal will commence in the fourth quarter of 2017 and is anticipated to be in service by mid-2018.

Svitzer will serve the facility with a suite of five vessels – three Robert Allen RAstar 3200 Ocean Going Terminal tugs under construction at the Cheoy Lee Shipyard in China, one 36m Crew Boat under construction at the Penguin Shipyard and the MSV Svitzer Foxtrot from the existing fleet.

Svitzer said it would establish a Bangladesh branch office to oversee the operation.

“It is a vote of confidence that Excelerate chose Svitzer to support their operations in Bangladesh, recognizing that we have a great deal of experience operating tugs and other support vessels,” Svitzer’s Alan Bradley said.

According to Bradley, the contract is in line with Svitzer’s global expansion into the oil and gas terminal towage sector.”