New Fortress eyes $3-B investments in Mexico
6/3/2022
(Reuters) - U.S. firm New Fortress Energy is considering various investments in Mexico's energy sector that could be worth $3 B, President Andres Manuel Lopez Obrador said on Friday.
Lopez Obrador said the potential New Fortress projects included an LNG facility, and mentioned by name the company's Chief Executive Wes Edens.

"With this man alone, it's $3 billion," Lopez Obrador said as he made reference to energy investments in the country during a regular government news conference.
Lopez Obrador said in April that Mexico wants to build new gas liquefaction facilities to export surplus natural gas, and was planning to put the plants out to tender.
(Reporting by Dave Graham Editing by Frances Kerry)
Sign up to Receive Our Newsletter
- Digital Exclusive: Evolving pressure relief valve designs protect LNG facilities
- JGC-Hyundai JV awarded EPC contract for major low-carbon LNG plant project in Papua New Guinea
- TC Energy approves $1.5-B Columbia Gas expansion after profit tops estimates
- NextDecade to use Honeywell liquefaction technology for 30-MMtpy LNG terminal
- Wärtsilä continues to expand its data center footprint with new 790 MW order in Texas

Comments