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Excelerate Energy names new FSRU at South Korean shipyard

Excelerate Energy, a Texas-based LNG infrastructure company, held a naming ceremony for its newly constructed floating storage regasification unit (FSRU) at Hyundai Heavy Industries' Ulsan facility. FSRUs are critical infrastructure for LNG import and regasification without permanent terminal construction. The development reflects continued U.S.-South Korean energy sector cooperation and growing FSRU deployment globally.