KARACHI, Pakistan - On July 17, 2015, Excelerate Energy L.P. (“Excelerate”) 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 using the double-banked LNG transfer system. This transfer also marks the company’s 500th commercial STS operation using the double-banked cryogenic transfer system technology developed by Excelerate.
Commissioned in late March of this year, the terminal initially employed the EXQUISITE for both cargo delivery and regasification purposes. 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.
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It is the “uncontained” shipments that draw a lifetime allegiance of purveyors of the business. As one MPV (Multi Purpose Vessel) analyst bluntly said as an aside, “Boxes are boring.”
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