New Fortress Energy receives non-FTA approval for its Mexico FLNG project
New Fortress Energy Inc. announced that it has received authorization from the United States Department of Energy (DOE) to export up to ~1.4 MMtpy of LNG to non-Free Trade Agreement countries from its Fast LNG 1 (FLNG 1) asset located offshore Altamira, Mexico for a term of five years. In combination with the previously received Free Trade Agreement authorization granted by the DOE, our FLNG 1 asset is now able to export LNG to markets and customers worldwide.
“This important authorization cements NFE’s position as a leading global vertically integrated gas to power company and enhances the marketability of our FLNG 1 asset. NFE is now able to freely supply cheaper and cleaner natural gas to underserved markets across the world and further our goal of accelerating the world’s energy transition,” said Wes Edens, Chairman and CEO of New Fortress Energy.
Related News
Related News
- U.S. natgas prices hit 20-week high on LNG flows, heat outlook
- Cheniere signs deal with Bechtel to expand U.S. LNG export capacity
- Baker Hughes’ fuel flexible NovaLT™ 16 gas turbine certified by RINA for marine propulsion
- Dozens injured, 18 missing after blast during restart at giant Qatar LNG site
- Commonwealth LNG FID attracts global syndicate of leading banks
Comments