As New Fortress Energy Inc. targets deploying its first Fast LNG unit in the waters offshore Mexico’s eastern coast by June, it’s unveiled new plans to move the successive phases of Altamira LNG to land. For the past several years, the liquefied natural gas vessel firm has been working to become a fuel supplier through…
Fast LNG
Articles from Fast LNG
New Fortress Says First LNG Exports From Mexico Coming This Summer
New Fortress Energy Inc. (NFE) is expecting to achieve first LNG from a floating liquefied natural gas production unit offshore Altamira, Mexico, in about 120 days, management said Tuesday. Construction is about 80% complete on the first of two “Fast LNG” or FLNG liquefiers to be deployed at Altamira. Each would boast a liquefaction capacity…
February 28, 2023
High Demand for New U.S. Liquefaction Projects at Odds with FID Delays – Listen Now to NGI’s Hub & Flow
With much of Europe continuing to scramble to secure adequate natural gas supplies in the wake of the Russian invasion of Ukraine and the resulting ramifications, LNG is seen as a leading solution to help solve the global energy crisis, which experts believe could continue for the next two to three years until new global…
December 7, 2022
New Fortress to Bring Online ‘More Than Half’ of World’s New LNG Export Capacity in 2023-2024
New Fortress Energy Inc. (NFE) expects to finish building its first “Fast LNG” unit by March and start operations by the middle of next year offshore Mexico’s east coast, with several more units to follow shortly thereafter. NFE has finalized a series of liquefied natural gas agreements with Mexican state electricity firm Comisión Federal de…
November 9, 2022
Baker Hughes Bullish on LNG, but Brownfield Expansions Likely to Eclipse Newbuilds
Houston-based Baker Hughes Co. kicked off third quarter earnings season for the oil and natural gas sector on Wednesday, acknowledging challenges but optimistic about the emerging upcycle, with a continuing bullish view for LNG. The oilfield services (OFS) giant operates around the world in four segments: OFS, Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS),…
October 19, 2022
Maritime Administration Pauses Review of New Fortress Energy’s Fast LNG Project
An environmental review of New Fortress Energy Inc.’s (NFE) LNG project proposed offshore of Louisiana could be delayed after the Maritime Administration (MARAD) paused the process while seeking more information from the firm, recently published documents show. In documents published for the first time publicly on Sept. 8, MARAD confirmed it had paused the review…
September 16, 2022
NFE Planning to Deploy Fast LNG Tech in Mexico
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. This is in addition to the company’s first FLNG project currently under development offshore Louisiana. At the port of Altamira,…
August 12, 2022
Chart Industries Anticipates More Large-Scale LNG, FLNG Projects
Chart Industries Inc. expects more LNG terminal customers to sanction large-scale and modular projects in the near term, increasing its already sizable list of orders, as exporters rush to meet skyrocketing demand for natural gas. Ball Ground, GA-based Chart reported to investors last week it broke records across the board during the second quarter, recording…
August 1, 2022
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
