Excelerate Energy Performs 500th Ship-to-Ship Transfer of LNG

Excelerate Energy Achieves Unprecedented Industry Milestone

September 25, 2013

THE WOODLANDS, TX – Excelerate Energy L.P. (Excelerate) completed its 500thcommercial Ship-to-Ship (STS) transfer of LNG on September 23, 2013 in Escobar, Argentina at the GNL Escobar LNG import facility. Using Excelerate Energy’s regasification vessel, Exemplar and the conventional LNG carrier SCF Arctic, 61,839 cubic meters of LNG were transferred using the double-banked LNG transfer system. Since developing and implementing the first STS transfer of LNG in 2005, Excelerate has successfully transferred a total of 53,311,335 cubic meters using its STS protocol – of the 500 operations, 424 have been with third-party vessels.

With this unprecedented milestone, Excelerate has not only proven the commercial viability of such operations, but has demonstrated that STS transfers of LNG can be successfully performed in a wide range of environments including open ocean locations and protected bodies of water at a variety of locations between the LNG load ports and the market delivery points. Excelerate’s STS transfer system optimizes the capabilities of FSRUs by providing an efficient mode of delivering a continuous supply of natural gas to market.

 

EXCELERATE’S STS OF LNG ACROSS THE WORLD

LOCATION

NUMBER OF OPERATIONS

Argentina

286

Brazil

59

Caribbean

4

Cyprus

6

Dubai

1

Gulf of Mexico

4

Kuwait

138

United Kingdom

2

 

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