LNG

Excelerate Energy, the US pioneer of floating liquefied natural gas import terminals, has completed its 2,000th commercial ship-to-ship transfer of LNG worldwide after completing its latest operation in the Bay of Bengal off Bangladesh.

JERA Co. Inc., the  biggest Japanese utility and liquefied natural gas procurement company, said it acquired 22 percent of the outstanding shares in Summit Power International, a generating group operating in Bangladesh and owner of the Asian nation’s second floating LNG import terminal.