LNG

Sept 5 (LNGJ) - Excelerate Energy of the US, the supplier of floating storage and regasification terminals, said it completed its 1,000th commercial ship-to-ship transfer of LNG at the Escobar facility, located north of the Argentine capital Buenos Aires. Using Excelerate's FSRU “Expedient” and a conventional carrier, a total of almost 84,000 cubic metres of LNG was transferred using the double-banked transfer system. “We are pleased that this achievement was accomplished with both Enarsa and YPF in Argentina,” stated Excelerate Chief Development Officer Daniel Bustos. “Argentina was one of the first adopters of floating regasification. Their early confidence in our technology and STS process helped prove the inherent benefits of FSRU terminals, and ultimately enabled the market to grow,” Bustos added.