EXMAR, Excelerate, Black & Veatch form LNG alliance

EXMAR, Excelerate, and Black & Veatch have formed an alliance to develop floating liquefaction solutions.

Offshore staff

ANTWERP, Belgium -- EXMAR, Excelerate, and Black & Veatch have formed an alliance to develop floating liquefaction solutions.

"The alliance of a proven liquefaction technology provider, an experienced LNG importer and marketer, and EXMAR's proven track record of pursuing technologically challenging projects in the LNG business is in my view a unique selling proposition to field owners," says said Nicolas Saverys, CEO of EXMAR NV.

"By developing both re-gasification vessels and complementary terminals to service them, Excelerate Energy is in a unique position to succeed in combining floating liquefaction with its existing global downstream network, providing a broad-based solution for developing gas markets," says Rob Bryngelson, president and CEO of Excelerate Energy.

11/06/2008

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