Excelerate forms international advisory council

US floating LNG player Excelerate Energy said it had formed an international strategic advisory council consisting of international experts who provide advice to the company on global political, social, economic, and policy issues.

The council consists of practitioners in the fields of academia, diplomacy, energy and climate policy, and political-military affairs who bring a “wealth of experience” and outside perspectives to inform the company’s development strategy and decision making, according to a statement by Excelerate.

Moreover, the initial members of the council are Ambassador (ret.) Liliana Ayalde, Admiral (ret.) Craig Faller, Ambassador (ret.) Gerald Feierstein, Michał Kurtyka, Ambassador (ret.) Anne Patterson, and Angela Stent, the firm said.

“I am honored to name this distinguished group of subject matter experts and former public servants to Excelerate’s new international strategic advisory ouncil,” Excelerate’s CEO Steven Kobos said in the statement.

He added that the council members’ collective expertise and unique perspectives would enrich Excelerate’s decision making.

Earlier this month, Excelerate also appointed David Liner as its new chief operating officer, succeeding current COO Calvin Bancroft.

Also, Excelerate recently ordered one 170,000-cbm FSRU in South Korea and will pay about $332 million for the unit.

With this newbuild order, Excelerate will have 11 FSRUs in operation or under construction.

Most Popular

Brunei LNG, PetroChina ink SPA

LNG producer Brunei LNG has signed a sales and purchase agreement with a unit of PetroChina.

CFO: Shell on track to ship first LNG Canada cargo in middle of 2025

LNG giant Shell remains on track to deliver the first liquefied natural gas cargo from its LNG Canada export terminal in Kitimat in the middle of this year, according to Shell's finance chief, Sinead Gorman.

Venture Global secures $3 billion bank loan for CP2 LNG

US LNG exporter Venture Global LNG has secured a $3 billion bank loan facility for its proposed CP2 LNG project in Louisiana.

More News Like This

Excelerate raises more cash to fund acquisition of NFE’s Jamaica business

US FSRU player Excelerate Energy has raised about $26.4 million via an additional share sale. Excelerate has now raised about $1.01 billion to fund its acquisition of NFE’s business in Jamaica.

Second Wilhelmshaven FSRU arrives at jetty

Germany's Wilhelmshaven now hosts two floating storage and regasification units. Excelerate’s 138,000-cbm FSRU Excelsior has docked at a new jetty, two kilometers south of the already operational Wilhelmshaven 1 terminal, to start serving the second FSRU-based terminal.

Excelerate’s FSRU arrives in Germany

Excelerate’s 138,000-cbm FSRU Excelsior has finally arrived in Germany, where it will start serving DET's second LNG import terminal in Wilhelmshaven.

Excelerate boosts senior notes offering to $800 million

US FSRU player Excelerate Energy has upsized its previously announced offering of unsecured senior notes due 2030.