New York-listed floating regasification specialist Excelerate Energy has teamed up with PetroVietnam Technical Services Corporation (PTSC) to jointly study FSRU-based technical solutions for LNG imports into Vietnam. The two companies plan to conduct joint feasibility studies to optimise existing natural gas infrastructure and augment domestic supply with regasified LNG to help meet the growing demand for natural gas and stimulate the development of a regional gas market. “Signing this agreement marks a significant milestone in the collaboration between Excelerate Energy and PetroVietnam Technical Services Corporation,” said Steven Kobos, president and CEO of Excelerate. “We are committed to working together to address Vietnam’s energy challenges and contribute to the country’s sustainable development.” Excelerate said the strategic partnership with PTSC is an important next step in the company’s broader strategy to invest in the rapidly growing Vietnamese LNG market. In June the company signed a term sheet with ITECO to co-develop a greenfield LNG import terminal in Hai Phong, Vietnam. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsUnited States Vietnam