According to a statement by Excelerate, Haas retired from the US Foreign Service on September 27 after 33 years of US government service, most recently as ambassador to Bangladesh.
Haas’ State Department assignments also included acting assistant secretary of state for economic and business affairs, consul general in Mumbai, India, and deputy permanent representative to the Organization for Economic Cooperation and Development (OECD).
Earlier in his foreign service career, Haas was posted to US embassies in London, Rabat, Berlin, and Port-au-Prince.
He will join Excelerate’s Washington DC office in October.
“I am pleased to have Peter Haas join the Excelerate team. Over the course of his State Department career, he has been a tireless advocate for US businesses and commercial interests,” said Steven Kobos, President and CEO of Excelerate.
“Peter understands the intersection of geopolitics and markets, and I am confident that his leadership and experience will strengthen our global team,” he said.
Excelerate operates ten FSRUs, one of the world’s largest fleets of such vessels, and these units are located worldwide.
These FSRUs are located in Bangladesh, Finland, Brazil, Dubai, Pakistan, while one FSRU will also start serving the second FSRU-based LNG import terminal in Germany’s Wilhelmshaven later this year.
In addition to these 10 FSRUs, Excelerate also ordered one 174,000-cbm FSRU at South Korea’s Hyundai Heavy Industries in 2022. The FSRU is scheduled for delivery in June 2026.
As part of its expansion plans, Excelerate and PetroVietnam Technical Services Corporation (PTSC), a unit of state-owned PetroVietnam, recently signed a strategic partnership agreement to jointly study FSRU-based technical solutions for LNG imports into Vietnam.
In June 2024, Excelerate also signed a term sheet with ITECO, a Vietnamese-based private development company, to co-develop a greenfield LNG import terminal in Hai Phong, Vietnam.
According to Exclerate, the northern Vietnam LNG terminal (NVLT), which will be constructed in two phases, is anticipated to have a total import capacity of 1.2 million tonnes per annum.
Phase one of the terminal is expected to have a capacity of 0.7 mpta, while operations are expected to start in 2027.
Besides these facilities in Vietnam, Excelerate is in “advanced discussions” with local utilities in Southcentral Alaska to develop an integrated LNG import terminal in the lower Cook Inlet region.
This would be an FSRU-based terminal and Excelerate is expected to own the facility and be responsible for LNG and sell gas to local utilities.
In May, Excelerate has revealed a list of 12 prioritized regasification projects saying that a number of these projects will require new FSRUs.
Excelerate said 10 of the projects have a price tag between $50 million and $400 million, while two projects have CapEx greater than this range, one of which is the planned Payra development in Bangladesh.
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