Excelerate Energy Inc., the specialist US company for LNG floating storage and regasification projects from South America to the Nordic region and South Asia, has posted strong earnings as its cargo trading portfolio continues to grow.

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Bangladesh, the world’s newest liquefied natural gas importer with a floating regasification and storage unit provided by Excelerate Energy of the US at Moheshkhali Island on the Bay of Bengal, has signed an LNG supply agreement with the Sultanate of Oman.

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Bangladesh has signed its first initial LNG supply agreement with Qatar after recent progress on establishing the Asian nation’s first import facility at an island in the Bay of Bengal.

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Bangladesh signed agreements with Excelerate Energy of the US and the World Bank to provide a Floating Storage and Regasification Unit (FSRU) and related infrastructure to operate as the country’s first LNG terminal at Moheshkali Island in the Bay of Bengal.

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