LNG

Excelerate has received an award letter from the Iraqi government to develop a floating LNG import terminal. Capital expenditure is sought not to exceed $300 million, officials close to the project indicated.

Engro Eximp FZE, a subsidiary of Engro Corp, has signed a Memorandum of Understanding (MoU) with Excelerate Energy, to enhance the development of a private sector gas marketing business in Pakistan.

Moheshkhali Floating LNG, Bangladesh’s first regas facility, has been commissioned by Exelerate Energy just 25 month after the project was first announced. Qatargas supplied the commissioning cargo.