LNG

Nakilat acquires 55% stake in Excelerate FSRU

Nakilat has signed an agreement to acquire 55% in Excelerate Energy’s Exquisite FSRU
By Staff reporter 13 June 2018 0 31283

Qatar’s Nakilat, the world’s largest LNG tanker shipowner, has signed an agreement to acquire a 55% interest in Excelerate Energy’s Exquisite FSRU through a new joint venture, Nakilat said on Tuesday.

The 150,900 cubic metre-capacity Exquisite has received 10.4 mt of LNG since it started operations at Pakistan’s Port Qasim in March 2015, of which 7.8 mt came from Qatar.