In a significant move for the natural gas sector, Excelerate Energy, Inc. has inked a 15-year sale and purchase agreement (SPA) with the Bangladesh Oil, Gas & Mineral Corporation, known as Petrobangla. Starting January 2026, this deal will see the delivery of up to 1.0 million tonnes per annum (MTPA) of liquefied natural gas (LNG) […]
In a significant move towards bolstering Brazil’s energy sector, Excelerate Energy, Inc. has penned a ten-year charter agreement with Brazil’s energy giant, Petróleo Brasileiro S.A. (Petrobras). This deal ensures the deployment of Excelerate’s floating storage and regasification unit (FSRU), the Sequoia, predominantly at the Bahia Regasification Terminal in Salvador, Bahia, starting from January 1, 2024. […]
Excelerate Energy, a US-based liquefied natural gas (LNG) company, has delivered its floating storage and regasification unit (FSRU), the Exemplar, to Gasgrid Finland Oy, a Finnish state-owned natural gas transmission system operator. The FSRU Exemplar loaded with a partial cargo of LNG will serve as the initial commissioning cargo for the terminal. The FSRU Exemplar […]
The Government of the Federal Republic of Germany has signed a five-year charter contract with US-based LNG company Excelerate Energy for the floating storage and regasification unit (FSRU) Excelsior (FSRU Excelsior). The contract was signed by Excelerate President and CEO Steven Kobos and Dr. Patrick Graichen, State Secretary at the Federal Ministry for Economic Affairs […]
American LNG company Excelerate Energy has awarded a shipbuilding contract to Hyundai Heavy Industries (HHI) for a new floating regasification and storage unit (FSRU). The vessel has to be delivered by the South Korean shipbuilding company in June 2026. According to Excelerate Energy, the FSRU will be able to store 170,000 m3 of gas. It […]
EETL LNG terminal expansion project : US LNG company Excelerate Energy and Engro Elengy Terminal (EETL) have signed heads of agreement (HOA) for the expansion of the EETL terminal owned by the latter in Port Qasim, Pakistan. The liquefied natural gas (LNG) import terminal is jointly owned by Pakistani conglomerate Engro Corporation and Dutch tank […]