Texas Firm In Talks To Supply Iraq's First LNG Terminal

Texas Firm In Talks To Supply Iraq's First LNG Terminal

Texas-based company Excelerate Energy is one of the bidders in a tender to provide a floating storage and regasification unit (FSRU) that would welcome Iraq’s first-ever LNG imports, a senior Iraqi official told Bloomberg. The country, which looks to shake off its dependence on Iranian gas supply for power generation, is in advanced talks with Excelerate Energy for LNG import infrastructure at the Khor Al-Zubair commodities port near Basra in so…

Iraq Says US Company Among Bidders as It Plans First LNG Imports

(Bloomberg) — Iraq is in advanced talks with Excelerate Energy Inc. to facilitate its first-ever liquefied natural gas imports as the country, which struggles with power outages, seeks to cut dependence on Iran for supplies.

Excelerate Energy Bids to Power Iraq’s First LNG Terminal: A Strategic Shift Away from Iran

In a groundbreaking move for Iraq’s energy landscape, Texas-based Excelerate Energy Inc. is in advanced talks to supply the country’s first-ever liquefied natural gas (LNG) import terminal, a floating storage and regasification unit (FSRU) at Khor Al-Zubair port in Basra. This development marks a pivotal step in Iraq’s quest for energy security and its deliberate effort to reduce reliance on Iranian gas imports. With power outages plaguing the n…

Iraq Says USA Company Among Bidders as It Plans First LNG Imports

Iraq, OPEC's second-biggest oil producer, doesn't have enough gas to operate its mostly gas-fired power plants and suffers from crippling blackouts every summer when demand peaks.