Excelerate Energy Inc. is looking for more opportunities to grow its nascent LNG portfolio, but not only with U.S. projects, as it expands its role as a global natural gas supplier.
CEO Steven Kobos said during a fourth quarter earnings call that the company, headquartered in The Woodlands near Houston, had pivoted its “near-term commercial strategy” for floating storage and regasification units (FSRU) fleet to help meet energy security concerns in Europe following last year’s invasion of Ukraine.
The company also progressed plans to become a liquefied natural gas supplier. Last month, it obtained a 20-year, 0.7 million metric ton/year sales and purchase agreement with Venture Global Inc.
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