Excelerate Energy (EE) and Petrovietnam Gas largely known as PV Gas have signed a Memorandum of Understanding - MoU to establish a reliable LNG supply chain from the U.S. to Vietnam by 2026.
The partnership aims to evaluate PV Gas' LNG requirements and create a joint strategic framework for sourcing and distribution.
Excelerate's Executive VP, Oliver Simpson, emphasized the company's commitment to supporting Vietnam's energy needs while expanding the U.S. LNG market.
The collaboration leverages both companies' expertise to ensure affordable, stable, and sustainable energy solutions for Vietnam's growing demand.
Friday, EE closed at $28.33 on the NYSE, with no movement during regular trading or after-hours sessions.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.