Excelerate Energy’s FSRU found a job at an LNG terminal in Jordan before starting work in Iraq


Excelerate Energy, a Texas-based liquefied natural gas (LNG) and energy infrastructure company, has been awarded a new commission for a new LNG restocking unit (FSRU) at its Jordan LNG terminal.

FSRU Excelerate Acadia; Source: Superior Energy
FSRU Excelerate Acadia; Source: Superior Energy

Excelerate has entered into a nine-month lease agreement with the Jordanian National Electric Power Company (NEPCO) to deploy the FSRU Accelerate Acadia To the current LNG terminal in Aqaba. This was loneliness His name A few weeks ago at Hyundai Heavy Industries’ shipyard in South Korea. The FSRU is expected to begin operations in mid-2026.

The temporary deployment is seen as enhancing Jordan’s energy security by providing additional regasification capacity, generating additional profits for the US company, while continuing to bolster Iraq’s capabilities. The first integrated terminal for importing liquefied natural gas That I signed up for Final commercial agreement In October 2025 with one of the companies affiliated with the country’s Ministry of Electricity.

The integrated project includes a five-year agreement for regasification and LNG supply services, with extension options, and a minimum contracted capacity of 250 million standard cubic feet per day. Excelerate explains that the strengthening of the jetties and the construction of fixed terminal infrastructure has been temporarily delayed due to the conflict in the Middle East.

As a result, the plant is no longer expected to begin operations in the third quarter of 2026 as previously disclosed, with the project now expected to come online in 2027. The long-term fundamentals underpinning the project are said to remain unchanged, driven by chronic power shortages and limited domestic gas processing capacity in Iraq.

Current conditions are seen as reinforcing the country’s need for reliable and scalable LNG import infrastructure; Therefore, construction will resume when conditions allow.

Excelerate confirms that its terminal services operations performed as expected during the first quarter of 2026, supported by long-term, high-quality contracts, with Explorer and He crosses FSRUs remain fully operational in the UAE, with safe crews and assets operating reliably to support Dubai, Abu Dhabi and the wider region as part of the country’s energy security infrastructure.

After the company received a Force Majeure Notice In March 2026 from Qatar Energy Company in connection with a long-term liquefied natural gas supply agreement due conflict In the Middle East, the US player issued a similar notice to Petrobangla under its long-term supply agreement.

“Transactions are structured on a sequential basis, with delivery obligations aligned with supply obligations and supported by contractual force majeure protection.” Superiority is emphasized.

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