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RWE Aktiengesellschaft Altenessener Straße 35 45141 Essen, Germany http://www.rwe.com
Contact RWE AG +49 201 1215120
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RWE Aktiengesellschaft

Excelerate supplies 20% of New England's gas needs

Delivering LNG amidst record levels of send-out volumes in the North-Eastern US market / Flexible business model proves to be economic solution

(PresseBox) (Essen, )
RWE's partner in LNG, Excelerate Energy LLC, is currently supplying approximately 20% of New England's daily gas needs since deliveries began at its offshore Northeast Gateway receiving facility in December 2009. So far this winter, Excelerate has delivered two cargoes containing over 5,000,000 mmbtu of LNG in total.

"Winter demand for natural gas in the Northeastern US is high, resulting in high prices and thus an attractive market for global LNG supplies," said Rob Bryngelson, CEO of Excelerate. "This is particularly important for Excelerate as it allows us to sell into a premium market, providing a good monetisation opportunity for rxyweou yk hkr hyueafxx xtkbudten," fw ipkgc.

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