Energy hungry Bangladesh has become the latest country to begin importing LNG with the arrival of an Excelerate Energy floating storage and regasification unit this week.

The FSRU Excellence (built 2003) anchored near Moheshkhali Island, near Cox's Bazaar in Bangladesh on Tuesday with the country's first cargo of LNG.

The 138,000-cbm cargo was supplied by Qatargas under a long-term sale and purchase a greement (SPA) to supply up to 2.5