Excelerate Energy completed its front-end engineering and design (FEED) work for the 4.4 million tonne per annum (mtpa) dockside liquefaction facility to be located in the Texas Gulf Coast. The results from the FEED uphold the market validity of the export project as the site-specific study provides more accurate cost estimates and engineering documentation for [...]
May 3, 2013 | Posted in
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Excelerate Energy is moving forward with the development of the first floating liquefaction facility in the United States utilizing its Floating Liquefaction Storage Offloading vessel (FLSO) technology. The Lavaca Bay LNG project will be located in Port Lavaca, situated between Galveston and Corpus Christi on the Texas Gulf Coast, and will be designed to export [...]
May 15, 2012 | Posted in
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Excelerate Energy has executed an agreement with the Puerto Rico Electric Power Authority (PREPA) to undertake the development and permitting of a floating offshore LNG regasification facility off the southern coast of Puerto Rico. The facility, named Aguirre GasPort®, will provide fuel to the Central Aguirre Power Plant and is a step forward in the [...]
![Brazil: Excelerate Wins FSRU Contract from Petrobras]()
Excelerate Energy has executed with Petrobras a 15-year time charter party to provide an advanced floating storage and regasification unit (FSRU). This vessel, designated by Petrobras as VT3, will deliver 20 million cubic meters per day of natural gas to the Southeast Region of Brazil. In addition, from July 2013 until the arrival of the [...]
![South Korea: DSME Lands FSRU Order from Excelerate Energy]()
Daewoo Shipbuilding & Marine Engineering Co. said yesterday that it has won a $280 million deal to build a floating storage and… (joongangdaily) Source: joongangdaily, August 25, 2011;
![YPF, ENARSA and Excelerate Energy Open Second LNG Import Facility in Argentina]()
With President Cristina Fernández de Kirchner present to honor the opening of Argentina’s second LNG import facility, a joint development between YPF S.A., ENARSA and Excelerate Energy, GNL Escobar (GNLE) was officially open for business on June 8, 2011. Located on the Paraná River, about 30 miles outside Buenos Aires City, GNLE utilizes Excelerate [...]
