A column published by Amardesh writer Minar Rashid criticizes a possible amicable settlement with Summit concerning Bangladesh’s cancelled third floating storage and regasification unit, or FSRU, project. According to the column, the interim government finally cancelled the work order for Summit’s third FSRU project, which had been approved without tender, on January 14, 2025. Summit LNG Terminal II Co. Ltd. then filed a writ against the cancellation and sought court directions to discuss an amicable settlement.

The column says the High Court Division heard the application on July 14, 2026, granted it, and observed that the petitioner was free to discuss the matter with the other side for an amicable resolution. The writer questions the ruling’s implications and the role of state lawyers. He alleges that reliance on a small number of business groups, non-tender awards and capacity charges have raised concerns about state interests, transparency and accountability.

The writer also argues that proposals from international firms for alternative FSRU facilities and energy supplies were not properly considered during the past 17 months. He cites offers from Saudi Aramco, Oman’s OQT, Azerbaijan’s SOCAR and the UAE-linked IRH, and calls for an investigation into whether such proposals reached policy-level consideration.