New Fortress Energy Inc. (NFE) expects its floating LNG (FLNG) platform offshore Altamira, Mexico to produce first volumes later this month after experiencing a mechanical issue in April. NFE management in the first quarter earnings report said that the first cargo could be loaded at the liquefied natural gas facility in June. The company previously…
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Mexico Projects Facing Uncertainty With Biden’s Decision to Pause LNG Export Licenses
Mexico’s nascent LNG market could be impacted by the Biden administration’s decision to pause U.S. export licenses while regulators review the process for approving them. The liquefied natural gas export projects planned in Mexico, which amount to about 6 Bcf/d, would use U.S. natural gas as feedstock. As such, they require U.S. Department of Energy…
February 2, 2024