Avenir LNG has announced the commencement of a new multi-year charter agreement with Excelerate Energy, marking the start of a strategic partnership between the two companies. Under the terms of the agreement, the Avenir Accolade will continue operations in Jamaica, supporting the region’s growing demand for cleaner and more cost-effective natural gas solutions.
The charter extension follows Excelerate Energy’s acquisition of New Fortress Energy’s LNG import and power assets in Jamaica. The Avenir Accolade is expected to play a critical role in ensuring the continued supply and distribution of LNG to the island, contributing to energy security and environmental sustainability.
Jonathan Quinn, managing director at Avenir LNG, stated:
“We are very pleased to announce the commencement of a new relationship with another industry leader as Avenir LNG continues to deliver on our chartering strategy – this time with US-listed regasification specialist Excelerate Energy. We’d like to thank New Fortress Energy for the strong collaboration over the past years and look forward to continuing our strong operating track record in the region and building a partnership to support another key US LNG player, signalling Avenir’s commitment to serving small-scale LNG shipping requirements globally.”
The partnership reflects Avenir LNG’s strategic focus on expanding its global footprint in small-scale LNG logistics while maintaining a strong operational presence in key growth regions such as the Caribbean.
For more information visit www.avenirlng.com
