Excelerate to splash about $332 million on FSRU order in South Korea

Excelerate Energy will pay about $332 million for a floating storage and regasification unit (FSRU) it ordered at South Korea’s Hyundai Heavy Industries. The US floating LNG player said on Tuesday it had signed a binding shipbuilding contract with Hyundai Heavy for one 170,000-cbm FSRU scheduled for delivery in June 2026. However, the firm did … Continue reading Excelerate to splash about $332 million on FSRU order in South Korea