Excelerate Energy Celebrates 3,000th LNG Ship-to-Ship Transfer Milestone
Excelerate Energy, Inc., a leader in the global liquefied natural gas (LNG) industry, proudly announced the completion of its 3,000th LNG ship-to-ship (STS) transfer operation on December 28, 2024. This significant achievement marks a major milestone for the company, highlighting its commitment to safety, operational excellence, and continuous innovation in the LNG sector.
The milestone operation took place aboard Excelerate’s Floating Storage and Regasification Unit (FSRU), Excellence, at the Moheshkhali Floating LNG (MLNG) terminal in Bangladesh. The Excellence received a cargo delivery from the Maran Gas Asclepius, a liquefied natural gas (LNG) carrier operated by Maran Gas Maritime Inc., successfully completing the 3,000th STS transfer in Excelerate’s history.
A Journey of Excellence and Innovation
David Liner, Executive Vice President and Chief Operating Officer of Excelerate Energy, expressed his pride in the company’s achievement, stating, “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.”
Since Excelerate pioneered the commercial ship-to-ship transfer of LNG Ship in 2007, the company has been at the forefront of shaping the global LNG industry. The company’s operational focus has always centered on safety, reliability, and environmental stewardship, ensuring that each operation adheres to the highest standards of excellence.
Liner continued, “Since 2007, we have not only pioneered LNG LNG Ship transfer operations but also set the foundation for safer, more efficient energy delivery methods. Our ability to deliver LNG Ship safely and reliably, even to the most challenging and remote locations, underscores the dedication of our team and the trust we have built with our partners and customers.”
Empowering Energy Security in Bangladesh
Excelerate’s 3,000th STS transfer took place at the MLNG terminal, a crucial infrastructure for ensuring energy security in Bangladesh. Since its inception in 2018, the MLNG LNG Ship terminal has played a pivotal role in meeting the country’s growing demand for natural gas, an essential energy source for industrial development and economic growth.
The MLNG terminal has a capacity of up to 600 million standard cubic feet of gas per day, significantly contributing to Bangladesh’s energy needs. Through this partnership, Excelerate has helped fuel the country’s industrial progress, creating jobs and supporting sustainable energy solutions that contribute to the nation’s overall economic development.
As a leading provider of LNG infrastructure and services, Excelerate’s commitment to providing clean, reliable energy is evident in its work with governments, businesses, and local communities to promote energy security and environmental sustainability.
Excelerate Energy’s Role in the LNG Industry
Headquartered in The Woodlands, Texas, Excelerate Energy is changing the way the world accesses cleaner forms of energy. The company offers integrated services along the LNG Ship value chain, providing flexible regasification services, infrastructure development, and LNG supply solutions. Excelerate is committed to delivering rapid-to-market, reliable LNG Ship solutions to customers around the world, and its work in ship-to-ship
LNG Ship transfers has set the standard for safe, efficient, and reliable energy delivery.
Excelerate’s global presence spans across numerous cities and regions, including Abu Dhabi, Antwerp, Boston, Buenos Aires, Chattogram, Dhaka, Doha, Dubai, Hanoi, Helsinki, London, Rio de Janeiro, Singapore, and Washington, DC. With operations in key international locations, Excelerate continues to expand its reach and impact on the global energy market.
Looking Toward the Future of LNG
The completion of 3,000 STS operations is not just a milestone for Excelerate Energy; it also reflects the growing importance of LNG in the global energy mix. As the world transitions toward cleaner, more sustainable energy sources, LNG has emerged as a key player in reducing greenhouse gas emissions and providing energy security.
Excelerate remains dedicated to advancing the LNG industry by embracing technological innovation and delivering solutions that meet the evolving needs of its customers. Whether it’s through the development of cutting-edge infrastructure, providing flexible regasification services, or expanding its global footprint, Excelerate continues to lead the way in shaping the future of LNG.
“Our commitment to safety, reliability, and continuous improvement has always been our guiding principle,” said Liner. “We are excited about the future of LNG and the role we will play in helping our customers access clean, affordable energy, wherever and whenever they need it.”
As the LNG industry continues to evolve, Excelerate Energy’s role as an industry leader remains firmly established. The company’s ongoing innovation and expertise in LNG LNG Ship infrastructure and ship-to-ship transfers will continue to drive the global energy transition and help shape a more sustainable future for generations to come.
Excelerate Energy’s Global Impact
Excelerate’s global presence and operations underscore its ability to meet the diverse and complex energy needs of its customers across the world. With a commitment to operational excellence, safety, and sustainability, Excelerate has built lasting partnerships with governments, corporations, and local communities, contributing to the growth of the LNG industry and the broader energy sector.
By providing flexible, scalable LNG solutions, Excelerate Energy is well-positioned to meet the increasing demand for cleaner energy in both developed and emerging markets. Whether through its FSRUs, infrastructure development services, or LNG supply capabilities, Excelerate is reshaping how the world accesses cleaner forms of energy, enabling countries and communities to meet their energy needs in a sustainable and reliable manner.
As the demand for LNG continues to grow, Excelerate Energy is poised to continue its legacy of excellence, shaping the future of energy delivery and supporting the global transition to cleaner, more sustainable energy sources.