Excelerate, Equinor complete first LNG STS in Bahamas
Texas-based Excelerate Energy and the Norwegian energy giant Equinor completed the first ever ship-to-ship (STS) transfer of liquefied natural gas (LNG) in the Bahamas.
Utilizing Excelerate’s floating storage regasification unit (FSRU) Exemplar and Equinor’s LNG carrier Arctic Voyager, a full LNG cargo was transferred using the double-banked LNG transfer system while moored at Equinor’s South Riding Point storage and transshipment terminal located for storage and transshipment of crude, products and LNG.
Excelerate’s chief commercial officer Daniel Bustos, said, “this new STS location allows us to provide additional commercial flexibility to our customers and respond to prompt market needs in a safe and reliable manner.”
Excelerate recently completed its 1500th commercial STS transfer on February 3, 2019, at the Engro Elengy Terminal in Port Qasim, Pakistan.
To date, Excelerate has transferred over 170,900,000 cubic meters of LNG using its STS protocol – of the 1500 operations, over 1300 have been with third-party vessels.