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Iraq is in advanced talks with Excelerate Energy Inc. to facilitate its first-ever liquefied natural gas imports as the country, which struggles with power outages, seeks to cut dependence on Iran for supplies. Texas-based Excelerate is one of several companies to have submitted a bid to provide an LNG import ship and secure supplies of the fuel, said Ali Salman, acting director general for the state-run South Gas Co., which has been charged with overseeing the development of the project. An Excelerate representative declined to comment.

Iraq Says US Company Among Bidders as It Plans First LNG Imports

Iraq is in advanced talks with Excelerate Energy Inc. to facilitate its first-ever liquefied natural gas imports as the country, which struggles with power outages, seeks to cut dependence on Iran for supplies. Texas-based Excelerate is one of several companies to have submitted a bid to provide an LNG import ship and secure supplies of the fuel, said Ali Salman, acting director general for the state-run South Gas Co., which has been charged with overseeing the development of the project. An Excelerate representative declined to comment.

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