New Fortress Energy

NFE Expects First Cargo From Offshore Mexico LNG Project in June

NFE Expects First Cargo From Offshore Mexico LNG Project in June

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…

May 8, 2024
NFE Says Plans for New Onshore Mexico Export Terminal ‘Unrelated’ to Altamira LNG

NFE Says Plans for New Onshore Mexico Export Terminal ‘Unrelated’ to Altamira LNG

In response to an inquiry from the U.S. Department of Energy (DOE), New Fortress Energy Inc. (NFE) officials said Thursday the first phase of the Altamira LNG project in Mexico remains on track to be an offshore terminal. In a letter to New York-based NFE sent at the end of October, DOE officials warned the…

November 2, 2023
NFE on Track for First LNG at Altamira Facility in Mexico by November

NFE on Track for First LNG at Altamira Facility in Mexico by November

New Fortress Energy Inc. has shipped the final jack-up rig to complete its first floating liquefaction facility offshore Mexico’s east coast and now expects first LNG production by next month.  NFE said last week that the Pioneer 2 platform set sail from a Kiewit Corp. shipyard in Ingleside, Texas. It is one of three rigs…

October 3, 2023
New Fortress Plans for LNG Imports in Ireland Meet Headwinds as Country Embraces Renewables

New Fortress Plans for LNG Imports in Ireland Meet Headwinds as Country Embraces Renewables

One of New Fortress Energy Inc.’s (NFE) avenues to expand its LNG marketing opportunities in Europe could be closed after a proposed import project in southwestern Ireland was denied. The An Bord Pleanála, Ireland’s independent planning authority, recently denied permission for NFE’s development application of the Shannon import project. In the decision, authorities wrote that…

September 19, 2023

Sempra Requests Port Arthur LNG Construction Ramp-Up – The Offtake

A roundup of news and commentary from NGI’s LNG Insight Sempra Infrastructure is looking to ramp-up construction at the Port Arthur LNG site in Texas, according to a recently published filing with the Federal Energy Regulatory Commission. The firm requested authorization for up to 6,000 people on site 24 hours a day as it progresses…

June 28, 2023
Mexico Said to Need Robust Energy Policies to Balance Growing Domestic Demand, LNG Exports

Mexico Said to Need Robust Energy Policies to Balance Growing Domestic Demand, LNG Exports

Mexico is at a pivotal moment as it gears up for an election next year amid a global rearrangement of supply chains. Ensuring reliable and affordable energy is key to the nation’s success and proposed LNG exports plans, but requires more progress, said participants at the Mexico Gas Summit in San Antonio, TX last week.…

June 15, 2023
New Fortress Energy Secures ‘Final Piece to the Puzzle’ for Mexico LNG Export Project

New Fortress Energy Secures ‘Final Piece to the Puzzle’ for Mexico LNG Export Project

New Fortress Energy Inc. (NFE) said last week it has obtained an export permit from Mexico’s energy ministry Sener for the offshore Altamira Fast LNG project.  The permit allows NFE to export up to 7.8 million metric tons of liquefied natural gas through April 2028, “providing ample capacity to support the operations” of the 1.4…

June 5, 2023
New Fortress Energy Partnering with Mexico’s CFE to Place Some Altamira LNG Trains Onshore

New Fortress Energy Partnering with Mexico’s CFE to Place Some Altamira LNG Trains Onshore

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…

May 5, 2023
PHMSA Denies New Fortress Energy Permit to Transport LNG by Rail

PHMSA Denies New Fortress Energy Permit to Transport LNG by Rail

The Pipeline and Hazardous Materials Safety Administration (PHMSA) denied a request by a unit of New Fortress Energy Inc. (NFE) to renew its special permit to transport LNG by rail, further closing the door for the company’s export plans in New Jersey. On Monday, the PHMSA denied the 2021 request from Energy Transport Solutions LLC,…

April 26, 2023
New Fortress Planning FLNG Stake Sale to Golar as Focus Turns Inward

New Fortress Planning FLNG Stake Sale to Golar as Focus Turns Inward

New Fortress Energy Inc. (NFE) has agreed to sell its stake in Golar LNG Ltd.’s floating liquefied natural gas (FLNG) production platform in Cameroon as it focuses on increasing utilization of its fleet and strengthening returns to investors. New York-based NFE will sell its stake in the 2.4 million metric ton/year platform Hilli Episeyo for…

February 6, 2023
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