Excelerate Energy has announced that on December 28, 2024, it safely completed its 3,000th ship-to-ship (STS) LNG transfer since the start of STS operations in 2007.

The milestone was achieved onboard Excelerate’s floating storage and regasification unit (FSRU) Excellence at the Moheshkhali Floating LNG (MLNG) terminal in Bangladesh, said the U.S.-based LNG company located in The Woodlands, Texas.

“This milestone is a testament to our unwavering commitment to safety, reliability, and innovation in the LNG industry. It is not just a number. It symbolizes years of relentless effort, continuous improvement, and the highest standards of operational excellence,” said David Liner, Executive Vice President and Chief Operating Officer of Excelerate Energy.

President and Chief Executive Officer Steven Kobos said, “We completed our 3,000th ship-to-ship operation in Bangladesh, where we are helping fuel economic growth by delivering more than a third of the country’s natural gas needs.

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He congratulated Excellence’s outstanding crew, Bangladeshi partners, and every member of the Excelerate Energy team for making this accomplishment possible.

Launched by Excelerate Energy and the International Finance Corporation in 2018, the MLNG terminal plays a vital role in ensuring the energy security of Bangladesh.

With a capacity of up to 600 million standard cubic feet of gas per day, MLNG provides a reliable source of energy supporting industrial development and job creation in a more sustainable manner.