Excelerate’s FSRU Exemplar heads to Finland to start Inkoo work

Excelerate Energy’s 150,900-cbm FSRU Exemplar has left Navantia’s yard in El Ferrol, Spain, and will be soon heading towards Inkoo to start providing regasification services under a charter contract with Finland’s Gasgrid.

Prior to arriving to Inkoo, the FSRU will pick up a cargo of LNG.

“Exemplar has started its journey towards Finland. It will take some LNG onboard before arrival,” Gasgrid’s CEO Olli Sipila said via social media on Thursday.

The 2010-built Exemplar was in the strait of Gibraltar on Friday morning, its AIS data provided by VesselsValue shows.

The FSRU could be heading to one of the Spanish LNG import terminals to take a reloaded cargo and than proceed to Inkoo.

LNG Prime contacted Sipila regarding the matter but we did not receive a reply by the time this article was published.

Gasgrid previously said that the FSRU and the first commissioning cargo would arrive in Inkoo in mid-December.

Exclerate also confirmed last month that the unit would start providing regasification services in the Finnish port in December.

Commercial operations in January

Following the commissioning phase, Gasgrid is expecting to launch commercial operations at the Inkoo FSRU-based facility in mid-January.

Excelerate’s Exemplar will serve Finland, Estonia, and other Baltic states under a 10-year charter deal Gasgrid signed with the US LNG firm in May.

The FSRU can supply more than 5 billion cubic meters per year of regasification capacity. Gasgrid previously said the maximum regasification rate of the terminal into the transmission system is 140 GWh/d and the minimum 60 GWh/d.

Gasgrid is offering spot capacity slots for the first quarter and released an announcement on December 1.

The firm said that the capacity allocation would start on December 5 and the capacity would be allocated on a “first-come-first-served basis”.

Gasgrid is offering in total seven slots and they include include January 16-25, January 26-February 4, February 5-14, February 15-24, February 25-March 6, March 7-18, and March 19-31.

The first five slots are for 800 GWh capacity and the last two are for 900 GWh capacity.

Most Popular

Japan’s MOL merges six ship management companies into one entity

Japanese shipping giant MOL, owner of a large LNG carrier fleet, has merged six of its ship management companies...

Top 5 news of the week August 24-30

LNG Prime brings you the five most popular news stories on our platform during the week of August 24-30, 2026.

Germany’s BASF gets first LNG cargo under Cheniere contract

German chemicals giant BASF has received its first liquefied natural gas (LNG) cargo under a long-term contract with US LNG exporter Cheniere.

More News Like This

Excelerate confirms Colombian FSRU charter deal, LNG carrier purchase

US FSRU player Excelerate Energy confirmed that it has signed a seven-year charter agreement with a unit of Canadian firm Frontera Energy to deploy its FSRU to a new LNG import terminal under development in Colombia. Excellerate also confirmed that it purchased a TFDE LNG carrier to convert it to an FSRU.

Excelerate buys Meiji’s LNG carrier

US FSRU player has reportedly purchased Meiji Shipping's LNG carrier Methane Mickie Harper, according to brokers.

Excelerate’s newbuild FSRU arrives in Jordan

Excelerate Energy's newbuild floating storage and regasification unit, Excelerate Acadia, has arrived in Jordan to serve a nine-month contract.

Frontera seals Colombian FSRU charter deal

A unit of Canadian firm Frontera Energy has entered into a deal with a US-based FSRU player to charter one floating storage and regasification unit which will be installed in Cartagena, Colombia. The company also entered into a take-or-pay agreement with Colombia's state-owned energy firm Ecopetrol to provide integrated logistics and LNG regasification services.