Excelerate Energy Inc. has announced it has received an official Award Letter from the Government of Iraq to develop an integrated floating liquefied natural gas $(LNG)$ import terminal. This project marks a key milestone in Iraq's efforts to diversify its energy sources and reduce dependence on Iranian gas. The terminal will introduce U.S. private sector innovation to Iraq and is expected to contribute to regional stability while supporting American jobs. The project is still subject to the successful negotiation and execution of binding commercial agreements. Excelerate Energy is actively working with Iraqi authorities to finalize contracts and move forward with the implementation of this critical energy infrastructure.