Puerto Rican watchdog oks revised LNG contract with NFE
Puerto Rico’s financial oversight board has approved a revised LNG supply agreement between Puerto Rico Electric Power Authority (PREPA) and New Fortress Energy affiliate NFEnergía. The revision is expected to save the country more than $4 billion in fuel costs over the duration of the contract.
New Fortress Energy increases revenues as Mexican floating LNG plant prepares to ship cargoes from June
New Fortress Energy, the US integrated LNG and power company that owns, operates or provides natural gas to 30 facilities in five countries, reported a rise of over 20 percent in revenues and progress on key projects, including the Mexican floating production plant.
US LNG data shows France and Spain leading by volumes while Calcasieu Pass cargoes were most expensive
The US Department of Energy published its latest LNG export data with France, Spain, the Netherlands, the UK and South Korea and Japan being the main destinations while prices for that period began to rise and shipments from Calcasieu Pass were the most expensive.
US issues waiver of Jones Act to attract LNG on foreign-flagged ships to Puerto Rico in tight market
The US Government has issued a waiver of Jones Act shipping rules to help the US territory of Puerto Rico attract LNG shipments amid a tight market and high prices after the recent hurricane damage affected power supplies and energy stocks.
Crowley Maritime opens small-scale terminal for LNG in Puerto Rico amid Caribbean region clean fuel expansion
Crowley Maritime, a leading US shipping line in Central America and the Caribbean, has inaugurated an LNG unloading terminal and supply depot in Peñuelas for small-scale users in the US territory of Puerto Rico where clean energy needs are increasing.
New Fortress Energy advances plans to export Marcellus shale gas as LNG from port in New Jersey
New Fortress Energy, the New York-based developer of LNG facilities for gas-fired power in the Caribbean and Latin America, is making steady progress with plans to export Marcellus Basin shale gas produced at plant in Pennsylvania through a port in New Jersey.
Crowley Maritime takes delivery of its second LNG-powered ship for Florida-Puerto Rico route
Crowley Maritime Corp., the US shipping line, has taken delivery of the “Taino”, the second of two of the world’s first combination container and roll-on-roll-off ships powered by liquefied natural gas and to be refueled at the Eagle LNG shoreside bunkering depot at Jacksonville port in Florida for service on the Puerto Rico trade route.
Crowley of US takes delivery of LNG-powered ship to be bunkered at new Florida fuel depot
Crowley Maritime Corp. has taken delivery of the first of two container and roll-on-roll-off ships powered by liquefied natural gas from US shipbuilder VT Halter Marine of Pascagoula in Mississippi.
Aguirre LNG import project company in Puerto Rico keeps plans alive with filing to US regulator
The Aguirre LNG import project company in Puerto Rico, said it was continuing to monitor the bankruptcy proceedings of the Puerto Rico Electric Power Authority and is hopeful of the US territory completing a second import facility in the future.
Crowley and PowerSecure of US to develop micro-grids using LNG in Caribbean region
Crowley Fuels, a subsidiary of Crowley Maritime Corp. operating from Florida, and US company PowerSecure have formed a partnership to develop micro-grids using LNG and renewables to provide more reliability to power users in the Caribbean and Central America.
