MARAD Issues License for Northeast Gateway

MARAD yesterday issued the Deepwater Port license for Excelerate Energy’s Northeast Gateway Energy Bridge. Northeast Gateway will be connected to consumer markets by a 16-mile subsea pipeline and will have a baseload capacity of approximately 500 MMcf/d. MARAD confirmed a previous commitment made by Excelerate Energy to use U.S. mariners for at least 25% of the personnel on vessels servicing the terminal. Platts LNG Daily provides further details. [Subscription required]

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