US-based LNG company Excelerate Energy L.P. marked the opening of its new office in Doha with a celebration at the Four Seasons yesterday.
Boursa Kuwait is “confident” that MSCI will upgrade it to emerging market status in 2019, according to CEO…
168 Views | the publication reaches you by | BG Media LondonThe new office was registered and is operated under the administration of the Qatar Financial Center.
“The opening of our Doha office demonstrates Excelerate’s long-term commitment to the LNG industry, given that Qatar is the largest exporter of LNG globally.
“This strategic location will allow us to better serve our partners and support their efforts in expanding Qatar’s LNG export capacity to emerging markets worldwide.”
In June of this year, Excelerate and Nakilat entered into an agreement for a joint-venture company, with Nakilat acquiring a 55% interest in Excelerate’s floating storage regasification unit (FSRU) – ‘Exquisite’, the first such vessel to join the Nakilat fleet.
Currently in operation in Pakistan, ‘Exquisite’ is the most utilised FSRU in the industry, having delivered more regasified LNG ashore than any other FSRU in history.
The vessel will be receiving its 150th cargo of LNG from Qatargas later this year.
The event witnessed the presence of many dignitaries and government officials, business leaders, associates and partners, and Excelerate leadership.
Among the distinguished guests present at the celebration were Nakilat chief executive officer Abdullah al-Sulaiti and chief of mission and Chargé d´Affaires of the US embassy in Doha, William Grant.
Excelerate Energy is part of a privately-held US energy group that also includes Kaiser Francis Oil Co, an E&P company with production in the US and Canada along with significant midstream assets, and Cactus Drilling Company, the largest private drilling company in the US.
Excelerate is the pioneer and market leader in innovative floating LNG solutions, providing integrated services along the entire LNG value chain with an objective of delivering rapid-to-market and reliable LNG solutions to customers.
Excelerate offers a full range of floating regasification services from FSRU to infrastructure development to LNG supply.
Besides Doha, Excelerate has offices in Buenos Aires, Chittagong, Dhaka, Rio de Janeiro, and Singapore.
Mondrian Doha, Qatar’s leading destination from global lifestyle hospitality company sbe, is pleased to announce the launch of…
346 Views | the publication reaches you by | BG Media LondonDo you have information you want to reach our readers?
You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Qatar, the Gulf and the world.
Shangri-La Hotel, Doha has achieved the “Recommended” rating in the 2019 edition of the Forbes Travel Guide. Developed…
Emir
Russian Foreign Minister Sergei Lavrov was received by Qatar’s Emir Tamim bin Hamad Al Thani during his official…
Emir
The Emir of Qatar Tamim bin Hamad Al-Thani arrives in Vienna to meet with Austrian President Alexander Van…
Emir
HH the Amir Sheikh Tamim bin Hamad Al Thani inaugurated the Water Security Mega Reservoirs Project, during a…
Doha News
Qatar’s emir skipped a summit in Saudi Arabia on Sunday with fellow Arab Gulf leaders whose boycott of…
Business News and Information
World News
Doha Film Institute is dedicated to film appreciation, education, and building a dynamic film industry in Qatar that…
Qatar Events
Life
Culture News
Sport
Science & Technology
Government News
The Arab states of the Persian Gulf are the seven Arab states which border the Persian Gulf, namely Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE).This excludes the non-Arab state of Iran. All of these nations except Iraq are part of the Gulf Cooperation Council (GCC).
