FLNG 1 delays hit NFE’s bottom line

Monday, 12 August 2024

Oil and gas developer, New Fortress Energy (NFE), has reported a net loss of $87 mill for the second quarter of this year. 

Adjusted EBITDA was $120 mill. However, this did not include $107 mill of contracted LNG sales during the quarter, which will be included in adjusted EBITDA and earnings in the second half of this year.


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