Business Report :
Summit announces the appointment of Md Sayedul Alam as the new Managing Director and Chief Executive Officer (CEO) of Summit LNG Terminal Co. (Pvt.) Ltd. (“SLNG”).
SLNG is Bangladesh’s second Floating Storage and Regasification Unit (FSRU), with a capacity to degasify 500 million standard cubic feet per day (mmcfd) and store 138,000 cubic metres of LNG.
It is a joint venture between Summit and Mitsubishi Corporation, with lead financing from Sumitomo Mitsui Banking Corporation (SMBC).SLNG sits within Summit’s wider portfolio, supported by its international partners, including JERA says a press release.
