Dhaka, July 9, 2025 (PR) - 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 regasify 500 million standard cubic feet per day (mmcfd) and store 138,000 cubic meters 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. SLNG operates under a long-term vessel support services agreement with PSA Marine, Singapore.
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-kilometer 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 specialized 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.
Mr. Alam holds a BSc in Marine Engineering from Bangladesh Marine Academy, an MBA from Murdoch University, Australia, and is currently pursuing a second Master's in Economics at North South University, Bangladesh. Furthermore, he holds an Advanced Diploma in Marine Engineering from the Singapore Maritime Academy (SMA), a Class 1 Certificate of Competency (COC), and is a certified Class-1 Marine Engineer Officer by the Maritime and Port Authority of Singapore (MPA).
He is affiliated with several professional bodies, including the Institute of Marine Engineering, Science & Technology (IMarEST), London, and the Singapore Maritime Officers’ Union (SMOU), among others.
