Excelerate partners with PTSC on FSRU-based solutions in Vietnam [Yahoo! Finance]
Excelerate Energy, Inc. Class A (EE)
Last excelerate energy, inc. class a earnings: 2/27 07:50 am
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Source: Yahoo! Finance
Excelerate and PTSC will leverage their combined resources and strengths to deliver affordable and reliable energy solutions to meet Vietnam's energy demands. The companies will undertake joint feasibility studies to assess the possibility of FSRU opportunities in Vietnam. These studies are intended to optimise existing natural gas infrastructure and extend domestic supply with re-gasified LNG to stimulate the development of a regional gas market. Excelerate president and CEO Steven Kobos said: “Signing this agreement marks a significant milestone in the collaboration between Excelerate Energy and PetroVietnam Technical Services Corporation. “We are committed to working together to address Vietnam's energy challenges and contribute to the country's sustainable development.” Excelerate's partnership with PTSC marks a significant progression in the company's investment strategy in Vietnam's burgeoning LNG sector. Furthermore, PTSC, a subsidiary of Vietnam Oil and Gas Group
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