AxDo Bahamas Limited has signed an 11-year liquefied natural gas supply agreement with US-based Excelerate Energy, the companies announced through reports on 6 November 2026.
The agreement, described by the report as long term, binds AxDo Bahamas and Excelerate Energy to a supply arrangement running for eleven years. The report said the deal will support development of the Bahamas.
AxDo Bahamas Limited is a joint venture formed by Axpo and Domicisle LNG. The reports item identified Axpo as an international leader in energy trading and marketing, and Domicisle LNG as a Bahamas-based energy and maritime logistics company.
Excelerate Energy was described in the report as a United States-based operator with global standing in floating LNG infrastructure. The company supplies floating LNG solutions and was the named seller under the new agreement.
Contract length and parties
The contract length is explicit at eleven years, emphasising the long-term nature of the supply commitment reported. The counterparties named are AxDo Bahamas Limited on the buyer or off-taker side, and Excelerate Energy as the supplier.
The joint-venture structure of AxDo Bahamas Limited links an established energy trader with a Bahamas-based logistics firm, as recorded in the report. That combining of capabilities was highlighted when the source introduced the joint venture partners.
Reported purpose and regional development
Sources said the deal will support development of the Bahamas, presenting the arrangement as having a regional economic or energy-related purpose. The report did not elaborate further on operational specifics or volumes.
The announcement, as presented in the single sourced report, centres on the formal signing of the 11-year supply agreement and the partner identities. No additional contractual terms, pricing, delivery method or timetable were detailed in the item summarised by the source.
The agreement places a sustained supply relationship between a Bahamas-focused venture and a US-based floating LNG specialist at the core of the reported development. For now, the public account of the transaction rests on The report issued on 6 November 2026.