Argentina’s Second LNG Import Terminal Starts Operations to Meet Winter Demand

Argentina’s Second LNG Import Terminal Starts Operations to Meet Winter Demand

Gas-rich Argentina is back to importing natural gas from two ports with the startup of Excelerate Energy LP’s Exemplar floating storage and regasification unit (FSRU) at Bahía Blanca. The new liquefied natural gas (LNG) import option adds to the existing Excelerate FSRU now stationed at Escobar, also in Buenos Aires province. The Exemplar FSRU has…

June 4, 2021

Excelerate Inching Forward with Philippine FLNG Import Project

Philippine authorities have given Excelerate Energy LP permission to proceed on plans to develop a floating natural gas import terminal to supply existing and new power generation.

September 26, 2019

Briefs — Gastar Delisted

The New York Stock Exchange has delisted Gastar Exploration Inc. common and preferred stock after it failed to meet listing standards. Gastar plans to soon be traded on the OTCQB over-the-counter market. Gastar said in July it could be sold or instead restructure the balance sheet. Gastar is a Midcontinent pure-play that works in the Anadarko Basin.

September 10, 2018

Cheap Oil Tide Swamps Excelerate’s Texas Floating LNG Project

Excelerate Energy LP affiliates have asked FERC to set aside consideration of their proposed floating liquefied natural gas (LNG) export terminal off the Texas coast because the global oil price crash has upended the economics of the project, which could have been the nation’s first floating LNG export terminal.

December 30, 2014

MARAD OKs Retirement of First LNG Deepwater Facility

In a notice published in theFederal RegisterWednesday, the Transportation Department’s Maritime Administration (MARAD) announced its final authorization of the decommissioning of the Gulf Gateway Energy Bridge Deepwater Port, the first deepwater liquefied natural gas (LNG) import facility of its kind in the world. The Excelerate Energy LP facility is being retired just eight years after it went into service in the Gulf of Mexico.

August 15, 2013

Germany’s RWE Selling Half-Stake in LNG Developer Excelerate

Germany’s RWE Supply & Trading GmbH is selling its 50% stake in U.S. liquefied natural gas (LNG) company Excelerate Energy LP to current Excelerate co-owner George B. Kaiser.

August 5, 2013

Massachusetts Law Buries Another Stake into Heart of Weaver’s Cove LNG

Weaver’s Cove LNG, the liquefied natural gas (LNG) import project that seemed hardest to kill, may have finally received a death blow. Massachusetts state Sen. Joan Menard (D-Fall River) and state Rep. Robert Correia (D-Fall River) said Monday that legislation they created to restrict LNG tankers passed in both the House and Senate late Thursday night and was enacted on Monday.

July 25, 2006