Summit LNG appoints new MD & CEO

Summit has appointed Md Sayedul Alam as the new Managing Director and Chief Executive Officer (CEO) of Summit LNG Terminal Co. (Pvt.) Ltd, says a statement.

Summit LNG (SLNG) is Bangladesh's second Floating Storage and Regasification Unit (FSRU), with a capacity to regasify 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).

Since 2018, Mr. Alam has been instrumental in the success of the SLNG project. As Project Director, he led the development and commissioning of the offshore terminal in Moheshkhali, Cox's Bazar, working alongside engineering and marine partners including Geocean Entrepose, MacGregor AS, and PSA Marine.

The terminal connects to the national grid through a six-kilometre subsea pipeline. Prior to this appointment, Mr. Alam served as the Terminal Manager, ensuring SLNG's exceptional operational availability and reliability.

With over three decades of experience in the maritime and energy sectors, Mr. Alam brings specialised expertise in offshore and onshore LNG and LPG terminal development. He has held senior roles with MOL Tankship Management Asia (Singapore), Ocean Tankers (Singapore), and K Line (Japan), gaining broad international exposure.