New Fortress Energy Inc. (NFE) is looking to develop up to four fast LNG (FLNG) projects offshore Mexico’s Gulf Coast amid the global natural gas supply crunch, management said during an earnings call last week.

NFE

This is in addition to the company’s first FLNG project currently under development offshore Louisiana.

At the port of Altamira, NFE plans to deploy up to three FLNG units, each with a capacity of 1.4 million metric tons/year. Feed gas for these units would be sourced from Texas via the 2.6 Bcf/d Sur de Texas-Tuxpan offshore pipeline, for which Mexican utility Comisión Federal de Electricidad (CFE) is the sole capacity holder. 

NFE management said that only 20% of the capacity on the offshore pipeline was being used, making it a win-win for both the CFE and...