After the signing of a sale and purchase agreement (SPA), Excelerate Energy will deliver 0.85 to 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) to Bangladesh Oil, Gas & Mineral Corporation (Petrobangla) for 15 years starting January 2026.

From 2026 to 2027, Petrobangla will receive from Excelerate Energy 0.85MTPA, while from 2028 onwards this amount will increase to 1MTPA.

With two LNG floating storage and regasification units (FSRUs) in the country, Excelerate Energy is responsible for 25% of Bangladesh's total natural gas supply.