New Fortress Energy (NFE), the US LNG-for-power project developer has reached an agreement with shipping company Golar LNG for the sale of NFE’s ownership stake in a floating LNG production hull deployed off Cameroon in West Africa.

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Golar LNG Partners has entered into an agreement and plans to merge with New Fortress Energy Inc, the New York-based company with a growing LNG projects portfolio in Latin America and the Caribbean.

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