Excelerate Energy L.P. signed a Memorandum of Understanding (MOU), in Tirana, Albania, to explore potential cooperation for the construction of a natural gas pipeline from the Albanian Vlora Terminal to other natural gas infrastructure opportunities in Albania. Under this MOU, Excelerate, Snam, and Albgaz will explore joint solutions, which could potentially supply underground gas storage in Albania, providing crucial energy security to the region. As the leader in floating LNG regasification solutions, Excelerate has delivered reliable, clean energy to markets across the globe, developing and operating 13 LNG terminals worldwide. This MOU is the latest example of Excelerate's emphasis on greater integration of services for gas and power customers. Snam is one of the largest energy infrastructure owner and operators in the world and a leading shareholder in the Trans Adriatic Pipeline (TAP). Snam and Albgaz's Albanian Gas Service Company Sh.A, who maintain the gas transmission network in Albania, could potentially operate and maintain the future pipeline.