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Excelerate Energy Takes Delivery of its Tenth FSRU, Excelerate Sequoia; Expanded portfolio will provide more access to natural gas around the globe

Jun 23, 2020 - PR Newswire
Mergers and Acquisitions

PR Newswire

On June 10, 2020, Excelerate Energy L.P. (Excelerate) took delivery of its tenth floating storage regasification unit (FSRU) the Excelerate Sequoia from Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South Korea. The vessel has a storage capacity of 173,400 cubic meters and is capable of operating as both an FSRU and a fully tradable LNG carrier. In September of last year, Excelerate and Maran Gas Maritime Inc. (MGM) signed a five-year bareboat charter agreeme...