Excelerate appoints Brazil head

Texas-based floating LNG player Excelerate Energy said Antonio Pinho has joined the company’s team as commercial director for Brazil as it looks to strengthen its position in South America’s largest country.

Excelerate said Pinho joined the company on March 4 and would “provide new leadership” for the firm’s Rio de Janeiro office.

“Adding Antonio to our team in Brazil is a win-win for both Excelerate and Brazil, as we work hand in hand to deliver reliable energy to the region,” EVP and chief commercial officer Daniel Bustos, said.

Pinho brings over 20 years of experience in commercial and business development in the oil and gas industry to Excelerate, the firm said.

Prior to Excelerate, Antonio worked as the business development director at Atlantic, Gulf, and Pacific Company (AG&P). He focused on the development of regasification terminals and small-scale LNG projects in the Americas region.

In addition, he also served as business development director for Zenith Energy. He began his career at Dutch independent tank firm Vopak.

Since 2012, Excelerate has provided regasification services via its FSRUs to Brazil, “complementing the country’s hydropower and diminishing pipeline imports.”

“With demand for gas-fired power generation projected to rise over the next decade in South America’s largest economy, Brazil has aimed to establish a more competitive gas market with private participants,” the firm said.

The firm added that Pinho would “lead Excelerate in bringing flexible, integrated LNG to power solutions to the country.”

To remind, the new appointment comes just a week after the firm announced new vice president of gas and power.

- Advertisements -

Most Popular

QatarEnergy picks shipowners for 18 giant LNG carriers

LNG giant QatarEnergy has selected shipowners to own and operate 18 Q-Max LNG carriers as part of its massive...

Canada’s FortisBC, Seaspan win provincial approval for Tilbury LNG jetty

Canadian utility and operator of the Tilbury LNG facility in the province of British Columbia, FortisBC, and its partner...

VTTI, IKAV to take majority stake in Italy’s Adriatic LNG terminal

Rotterdam-based storage terminal owner VTTI, co-owned by Vitol, IFM, and Adnoc, joined forces with German asset manager IKAV to...

More News Like This

WaveCrest plans capacity auctions for UK regasification project

Macquarie Capital's WaveCrest Energy kicked off a market consultation process for its proposed Teesside regasification project in the UK...

Bangladesh approves long-term LNG supply deal with Summit

Bangladesh has approved a long-term liquefied natural gas (LNG) supply deal with Summit Oil and Shipping, a part of...

Excelerate reports higher net income in 2023

US FSRU player Excelerate Energy reported higher net income and adjusted Ebitda in 2023 mainly due to new charters...

QatarEnergy, Excelerate ink long-term deal to supply LNG to Bangladesh

State-owned LNG giant QatarEnergy has signed a long-term contract with US FSRU player Excelerate Energy to supply Bangladesh with...