Excelerate Energy has reaffirmed a timetable that would see it start operations of a floating storage and regasification unit to operate as Bangladesh’s first LNG terminal in 2018.

The Houston FSRU owner said it has completed geotechnical and geophysical studies for the Moheshkhali Floating LNG terminal, which is slated for the eponymous site near Chittagong

The terminal is a joint project with the International Finance Corporation, an arm of the World Bank.

Excelerate