Excelerate, ExxonMobil sign MoU with Albania on potential LN

Excelerate, ExxonMobil sign MoU with Albania on potential LNG import terminal


Excelerate, ExxonMobil sign MoU with Albania on potential LNG import terminal
Author: http://vloracity.com. Licence: All rights reserved.
TIRANA (Albania), March 15 (SeeNews) - US-based liquefied natural gas (LNG) company Excelerate Energy said it has signed a memorandum of understanding (MoU) with ExxonMobil LNG Market Development Inc and Albania for the potential development of a LNG import terminal in the port of Vlora.
Excelerate will carry out a feasibility study for a potential project that will include the development of an LNG import terminal, converting and/or expanding the existing Vlora thermal power plant (TPP) and the launch of small scale LNG distribution to Albania and the Balkan region, the company said in a statement on Friday.

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