21st January 2025
EP Report

Excelerate Energy, Inc. (NYSE: EE) has announced that on December 28, 2024, the company safely completed its 3,000th LNG ship-to-ship (STS) operation since the start of STS operations in 2007.

 

The milestone was achieved onboard Excelerate’s floating storage and regasification unit (FSRU) Excellence at the Moheshkhali Floating LNG (MLNG) terminal in Bangladesh.

 

“This milestone is a testament to our unwavering commitment to safety, reliability, and innovation in the LNG industry. It is not just a number. It symbolizes years of relentless effort, continuous improvement, and the highest standards of operational excellence,” said David Liner, Executive Vice President and Chief Operating Officer.

 

President and Chief Executive Officer Steven Kobos added, “I am pleased that we completed our 3,000th ship-to-ship operation in Bangladesh, where we are helping fuel economic growth by delivering more than a third of the country’s natural gas needs. I want to congratulate the Excellence’s outstanding crew, our Bangladeshi partners, and every member of the Excelerate Energy team for making this accomplishment possible.”


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