Excelerate Energy, AxDo Sign 11-Year LNG Supply Agreement
Excelerate Energy and AxDo Bahamas Ltd. have signed an 11-year liquefied natural gas supply agreement, delivering up to 16 TBtu annually to support the Bahamas LNG Hub. Under the contract, AxDo becomes the anchor customer for Excelerate’s planned offshore storage and distribution terminal near Grand Bahama, securing a long-term commercial foundation for the project. AxDo, a joint venture between Axpo and Domicisle LNG established in October 2026, focuses on regional small-scale LNG and bunkering operations.
Excelerate Energy, Inc. and AxDo Bahamas Ltd. announced an 11-year liquefied natural gas supply agreement supporting the development of the Bahamas LNG Hub.
Under the agreement, AxDo will become an anchor customer of Excelerate’s planned offshore LNG storage and distribution terminal near the island of Grand Bahama. The agreement provides for deliveries of up to 16 trillion British thermal units (TBtu) of LNG per year, establishing a long-term commercial foundation for the project.
AxDo is a joint venture between Axpo, an international energy trading and marketing company, and Domicisle LNG, a Bahamas-based energy and maritime logistics company. Established in October 2026, AxDo conducts small-scale LNG and bunkering operations in the region.
This article may include AI-generated content that is human-reviewed, which is for reference and general information purposes only and does not constitute investment advice.
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