LNG

Excelerate Energy, the leading US provider of floating storage and regasification units (FSRUs) with increased demand from Europe and South America, has signed a contract to charter an FSRU to Brazil’s state-owned energy company Petróleo Brasileiro (Petrobras) for 10 years.

Excelerate Energy, the US floating LNG import terminal company, is helping to stabilize the flow of supplies to Brazil through 2022 with a deal to deploy one of its existing floating storage and regasification units (FSRUs) to the port of Salvador in the northeast state of Bahia.