Qatar's Nakilat has taken a controlling 55% stake in an Excelerate Energy's floating storage and regasification units which is currently deployed in Pakistan.

The new joint-venture company own the controlling stake in the150,900-cbm FSRU Exquisite (built 2009) which has a peak regasification rate of 745 million cubic feet per day and is located at Port Qasim in Pakistan.

Since its installation as Pakistan's first FSRU in 2015, the unit has received 10.4