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Economy

Summit proposes reconsideration of FSRU agreement

Summit Group has requested a review of the FSRU deal signed in March 2024, claiming it could lead to savings of $1.10 billion.

TBS Bangladesh ยท 8 September 2026, 2:35 AM

Summit Group has suggested that reconsidering the agreement signed in March 2024 could result in savings of $1.10 billion. According to the company, the existing contract stipulates that the FSRU, mooring system, and subsea pipeline will be transferred to Petrobangla at no cost after 15 years of operation.