Excelerate to Conduct 1000th Ship-to-Ship Transfer of LNG

Excelerate US-based Excelerate Energy L.P. is fast approaching its 1000th commercial Ship-to-Ship (STS) transfer of liquefied natural gas (LNG), which is set to be completed in late August. The operation will take place at one of the companys floating storage and regasification unit (FSRU) projects in Dubai, Pakistan or South America. The exact location of the 1000th STS transfer will be determined by delivery logistics in the coming weeks, the company said. The fact that we will be reaching one thousand soon demonstrates the industrys acceptance of our STS Transfer of LNG protocol. It also illustrates the increased capacity at which our FSRUs are being utilized for LNG regasification services worldwide, Excelerate CEO Rob Bryngelson said. Excelerate has transferred over 100,000,000 cubic meters of LNG to date. An STS transfer of LNG operation consists of an LNG carrier mooring alongside an FSRU and transferring its cargo to the FSRU via flexible cryogenic hoses. The FSRU can provide uninterrupted regasification services throughout the entire STS LNG transfer process, providing continuous delivery of natural gas to the local market.