New Fortress Energy Inc. has started the flow of natural gas to its offshore Altamira LNG terminal, which could become the first Mexico export project to supply U.S. gas to the international market when production begins in the “next few weeks,” management said Wednesday. During a third quarter call with analysts, CFO Chris Guinta said…
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Articles from NFE
New Fortress Eyeing October for Exporting First LNG Cargo from Mexico
New Fortress Energy Inc. (NFE) said Tuesday that part of the LNG export project offshore Mexico’s east coast is on track to load its first cargo in October. One of three jack-up rigs that would form the company’s first Fast liquefied natural gas (FLNG) project have been installed. The Pioneer 3 rig is in place…
European Natural Gas Prices Surge to Four-Month High on Supply Squeeze – LNG Recap
European natural gas prices hit their highest point in months on Tuesday, extending a series of gains as the continent continues to face the threat of supply shortages on a number of fronts. A prolonged shutdown of the Freeport liquefied natural gas (LNG) export terminal in the United States, reduced flows from Russia on the…