Excelerate Energy has signed a definitive commercial agreement for a fully integrated liquefied natural gas (LNG) import terminal at the Port of Khor Al Zubair in Iraq. The agreement was signed with a subsidiary of Iraq’s Ministry of Electricity at the Office of the Prime Minister. The project involves a five-year contract that includes regasification services and LNG supply, with options for extension. It guarantees a minimum of 250 million standard cubic feet per day (mscf/d) of offtake and accommodat ...