Svitzer wins Moheshkhali LNG marine services job

By Finance

Towage services specialist Svitzer has been chosen to provide marine support services for the Excelerate Energy FSRU in Bangladesh.

Svitzer wins Moheshkhali LNG marine services job

Svitzer will provide marine support services to Excelerate Energy over a 15-year period at Bangladesh’s first LNG import terminal to be located offshore Moheshkhali Island in the Bay of Bengal. The contract also includes a five-year option.

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.

The company added it will establish a Bangladesh branch office to oversee the operation.

Source: LNGWorldNews