Excelerate Energy Signs Definitive Agreement for Fully Integrated Floating LNG Import Terminal in Iraq
Excelerate Energy, Inc. Class A (EE)
Last excelerate energy, inc. class a earnings: 2/27 07:50 am
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Source: Business Wire
THE WOODLANDS, Texas--(BUSINESS WIRE)--Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSE: EE) today announced that it has executed a definitive commercial agreement with a subsidiary of Iraq’s Ministry of Electricity for the development of the country’s first liquefied natural gas (LNG) import terminal at the Port of Khor Al Zubair.The agreement was signed at the Office of the Prime Minister in a ceremony attended by Excelerate’s President and CEO Steven Kobos, U.S. Deputy Secretary of Energy James Danly, Chargé d’Affaires of the U.S. Embassy in Baghdad Joshua Harris, Iraq’s Prime Minister Mohammed Shia' al-Sudani, and Minister of Electricity Ziyad Ali Fadhil.“The landmark agreement we reached today with the Ministry of Electricity demonstrates Excelerate’s strong commitment to Iraq’s energy future and regional stability,” said Steven Kobos, President and CEO of Excelerate Energy. “By combining terminal development, LNG supply, and operational expertise, we are helping
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