Summit said in a statement on Wednesday that the termination was "not only invalid but that any delay to the project, for which Summit has already invested approximately $20 million ...
FSRU-based facility in Bangladesh which is served by Excelerate Energy’s 138,000-cbm FSRU Summit LNG
Besdes the Summit terminal, Bangladesh also imports LNG via its first LNG import facility, Moheshkhali Floating LNG or MLNG, operated by Petrobangla,
Summit’s second such project has a planned regasification capacity of 600 million standard cubic feet per day.
It would require investment of about $550 million coming in as foreign direct investment (FDI), Summit said.
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