Fsrus

New Fortress Gains Foothold in Brazil, Adds LNG Shipping in $5B Acquisition

New Fortress Gains Foothold in Brazil, Adds LNG Shipping in $5B Acquisition

New Fortress Energy Inc. said Wednesday it is acquiring Golar LNG Partners LP (GMLP) and Hygo Energy Transition Ltd. in a deal valued at $5 billion that expands operations in Latin America and provides liquefied natural gas (LNG) shipping assets.  Hygo is a 50-50 joint venture between Golar LNG Ltd. and a fund managed by…

January 13, 2021
India’s Bharat Planning FSRU for LNG Imports

India’s Bharat Planning FSRU for LNG Imports

Indian state-owned Bharat Petroleum Corp. Ltd. (BPCL) said Monday that it is planning to invest around $240 million to build a floating storage and regasification unit (FSRU) at the deepwater port at Krishnapatnam on the east coast.

August 28, 2019