Excelerate Energy is pleased with its 11-year agreement to supply liquefied natural gas to AxDo Bahamas, a partnership that could generate an additional revenue of $15 million per year by 2029. The project includes an offshore storage and distribution hub in Grand Bahama, set to begin operations in 2027. This development is part of a broader strategy to strengthen the company's presence in the Caribbean.
Excelerate Energy announces a strategic partnership in the Bahamas for an LNG hub
This article was updated at 22:30.