Spotted: Excelerate Marks First STS LNG Transfer in Pakistan
- Business & Finance
The Woodlands-based specialist in floating LNG solutions Excelerate Energy L.P. has completed the first Ship-to-Ship (STS) transfer of LNG at the Engro Elengy LNG Terminal located in Port Qasim, Pakistan.
Excelerate’s floating storage and regasification unit (FSRU), Exquisite, received 130,000 cubic meters of LNG from the FSRU Excelerate on July 17th using the double-banked LNG transfer system.
The transfer also marks the company’s 500th commercial STS operation using the double-banked cryogenic transfer system technology developed by Excelerate, the company said.
Commissioned in late March of this year, the terminal initially employed the Exquisite for both cargo delivery and regasification purposes.
Excelerate said that the terminal will continue to receive LNG supply via periodical STS transfers allowing for the continuous flow of gas into the local gas distribution system.