April 25 (UPI) -- Bangladesh docked its first LNG cargo at a floating terminal less than a year after financing was secured, bolstering energy security, analysis finds.
Excelerate Energy led a $180 million project with Bangladeshi company Petrobangla to build a floating storage and regasification terminal at the port of Moheshkhali. The International Finance Corporation and Excelerate signed off on the final investment mechanisms for the facility in July.