Excelerate Energy develops Offshore LNG Import Facility in Puerto Rico

4 January 2012:  Excelerate Energy has executed an agreement with the Puerto Rico Electric Power Authority (PREPA) to undertake the development and permitting of a floating offshore LNG regasification facility off the southern coast of Puerto Rico. The facility, named Aguirre GasPort®, will provide fuel to the Central Aguirre Power Plant and is a step forward in the island's strategy to convert power generation from high-cost, high-emissions imported oil to cost-effective, cleaner-burning natural gas.

The Central Aguirre Power plant has already converted 600 MW of its available 1500 MW to utilize natural gas and has plans to convert the remaining 900 MW prior to completion of Excelerate Energy's Aguirre GasPort.

Source: Yourindustrynews