New Fortress Energy announces cash distribution in February by shipping acquisition Golar LNG Partners
New Fortress Energy has announced a cash distribution by Golar LNG Partners, an indirect subsidiary of New Fortress, the New York-based LNG-for-power company.
New Fortress Energy’s Nicaraguan LNG project moves to start-up and Mexican terminal is fully operational
New Fortress Energy Inc., the US company with LNG-to-power projects in South America, the Caribbean and Sri Lanka in Asia, said completion work was being carried out on a new Nicaraguan import facility while its Mexican terminal in the state of Baja California Sur was now fully operational.
Argent Marine explains success of system enabling fast start for New Fortress LNG facility in Mexico
US company Argent Marine said it was the company behind the specially designed ISO containers that enabled the fast-track start-up of the New Fortress Energy import facility on the Pacific Coast of Mexico.
Mexico terminal starts
July 14 (LNGJ) - New Fortress Energy Inc. formally announced the start of operations at the LNG terminal in the port of Pichilingue in the northern Mexican state of Baja California Sur. “The delivery of more affordable and cleaner-burning natural gas is a significant milestone for Baja California Sur,” said Wes Edens, Chairman and Chief Executive of NFE. “Our facility will enable customers to significantly reduce emissions and costs by switching from oil-based fuels to natural gas,” he added.
The Mexican terminal features NFE’s proprietary “ISOFlex” system, which allows larger LNG carrier vessels to transload LNG into ISO storage containers on offshore support vessels (OSVs) with a specialized manifold. “These ISO storage containers can be easily offloaded at container ports and onto trucks, which enables the reduction of time, permitting requirements and capital costs for the development of NFE’s terminals,” the New York-based company explained.
New Fortress Energy secures LNG for gas-to-power businesses in Central America through to end of 2027
New Fortress Energy, the US operator and developer of liquefied natural gas projects in the Americas, has reached an agreement for LNG supply that will cover the needs of the existing gas-to-power businesses in Central America and the Caribbean through to the end of 2027, though was still seeking additional volumes for its Brazilian ventures.
New Fortress Energy opening Mexican and Nicaragua terminals amid ambitious LNG production plans
New Fortress Energy Inc, the New York-based company with expanding assets after two LNG acquisitions for shipping and Brazilian gas-to-power projects, posted a first-quarter loss as it pursues additional plans for floating LNG and natural gas production.
New Fortress Energy opts for spot supplies and agrees termination of supply deal with Centrica of UK
New Fortress Energy, the developer of liquefied natural gas and power projects in Latin America and the Caribbean with new LNG import projects in Nicaragua and Mexico, said the company entered into a temporary supply termination agreement with the LNG subsidiary of UK utility Centrica.
