Excelerate Orders Up to Eight FSRUs

Excelerate Energy of USA has entered into a shipbuilding option agreement with Daewoo Shipbuilding and Marine Engineering (DSME) for the delivery of up to eight Floating Storage and Regasification Units (FSRUs) between early 2015 and early 2017.
The agreement affords Excelerate, the world’s largest operator of regasification vessels and developer of LNG import solutions, the ability to increase its fleet of nine FSRUs as global demand for LNG import solutions continues to expand rapidly. The initial options are for 173,400 m3 LNG FSRUs that will measure 294ms in length and 46m in width and will be capable of a baseload send-out capacity of 800 MMcf/d with peaking capacity in excess of 950 MMcf/d. The FSRUs will be based on Excelerate’s ninth FSRU under construction at DSME and committed to the Petrobras VT3 project. The company has the option for smaller or larger capacity vessels depending on the future requirements of the market. The new vessels will incorporate Excelerate Energy’s proven Energy Bridge™ technologies and will represent the largest and most capable FSRUs in the world.

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