LNG

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.

Chart Industries, the US LNG equipment maker, and two other US engineering companies received a notice to proceed from New York-based LNG-for-power firm New Fortress Energy for the engineering work for a mid-scale LNG offshore liquefaction project with 1.4 million tonnes per annum of capacity.