# Excelerate Energy

> Excelerate Energy develops and operates LNG import infrastructure, supplies liquefied natural gas and natural gas, and operates power assets. Its floating storage and regasification units connect overseas LNG cargoes to local pipelines, serving utilities and national energy companies through long-term infrastructure and supply contracts.

- **Founded:** 2003
- **Headquarters:** The Woodlands, United States
- **Founders:** George B. Kaiser (Founder)
- **Products:** Floating storage and regasification units, Integrated LNG terminal development and operations, LNG and natural gas supply, Jamaica LNG and power platform
- **Notable:** Commissioned Gulf Gateway in 2005, the first offshore LNG receiving facility., Commissioned Bangladesh’s first LNG import terminal in 2018., Completed the Jamaica LNG and power acquisition in May 2025.

## Products & services

- **Floating storage and regasification units** — Vessels that receive and store LNG, convert it back into gas, and send it to receiving infrastructure and pipelines. Commercial offshore operations began at Gulf Gateway in 2005.
- **Integrated LNG terminal development and operations** — Terminal engineering, permitting, construction, commissioning and operations, including the Moheshkhali project for Petrobangla.
- **LNG and natural gas supply** — Procurement and sale of LNG and gas; 15-year QatarEnergy and Petrobangla supply arrangements began deliveries in January 2026.
- **Jamaica LNG and power platform** — Montego Bay and Old Harbour LNG terminals plus the Clarendon combined heat and power plant, acquired from New Fortress Energy.

## Achievements

- Commissioned Gulf Gateway in 2005, the first offshore LNG receiving facility.
- Commissioned Bangladesh’s first LNG import terminal in 2018.
- Completed the Jamaica LNG and power acquisition in May 2025.
- Reported FY2025 consolidated net income of $167.0 million.

## Latest updates

- **2026-08** — Published the 2025 sustainability report; highlighted employee retention, safety work and Jamaica expansion.
- **2026-08** — Reported Q2 net income of $50.1 million; expected Iraq startup in early Q2 2027 and Colombian Express deployment in Q1 2027.
- **2026-07** — Excelerate Acadia began interim operations in Jordan; an LNG carrier purchase agreement supported a planned first FSRU conversion with deployment targeted for early 2028.
- **2026-01** — Began LNG deliveries to Bangladesh under the QatarEnergy and Petrobangla agreements.

## Links

- Website: https://excelerateenergy.com
- LinkedIn: https://www.linkedin.com/company/excelerate-energy
- Twitter/X: https://twitter.com/Excelerate_EE
- Instagram: https://www.instagram.com/excelerateenergy
- Facebook: https://www.facebook.com/excelerateenergy

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Profile page: https://yespress.io/excelerate-energy
Published by YesPress — https://yespress.io
Last updated: 2026-10-24