Yamal LNG ships first LNG cargo to Bangladesh

Pao Novatek has announced that Yamal LNG has shipped its first cargo of LNG to Bangladesh, in accordance with its long-term offtake agreement with Total.


The consignment was delivered along the westbound route, via the Suez Canal, with trans-shipment from the ice class Arc7 LNG tanker Eduard Toll to a conventional type LNG tanker at the Belgian terminal located at Zeebrugge.


The LNG cargo was unloaded at the Summit LNG Terminal in Bangladesh, in accordance with the buyers lifting and delivery schedule.


“LNG demand is constantly growing all over the world with new consumer countries appearing. Bangladesh started importing LNG just a year ago with the launch of the country’s first LNG terminal, and it has rapidly increased natural gas consumption as well as regasification capacities,” Lev Feodosyev, Novatek’s First Deputy Chairman of the Management Board noted.


“The low cost of our LNG and an efficient logistical model allow us to deliver LNG and successfully develop new markets around the world.”


Source: LNG Industry News