NFE gets customs ruling for Altamira FLNG project

US Customs and Border Protection has issued a ruling confirming that the transportation of LNG produced at New Fortress Energy’s FLNG facility located offshore Altamira, Mexico by non-US qualified vessels would not violate the Jones Act.

As a result of this ruling, NFE is now able to sell and deliver LNG produced at its FLNG facility located offshore Altamira, Mexico to US locations, including Puerto Rico, the US LNG firm said in a statement.

NFE noted that Puerto Rico is a “key downstream market” for the company.

“We are extremely pleased to receive this ruling for our FLNG facility since it not only supports one of the company’s largest projects but also supports the people of Puerto Rico,” Wes Edens, chairman and CEO of NFE, said in the statement.

NFE did not provide an update regarding its first FLNG project off Altamira and when it expects to launch it.

In its latest update in November 2023, NFE said it completed “sailaway, installation, and first gas for our first FLNG asset in offshore Altamira, Mexico.”

The company said in its third-quarter report it expected to achieve first LNG and to reach full commercial operation by the end of the fourth quarter.

Prior to that, the firm delayed the launch of the project and in an update on September 29 said that it planned to launch the FLNG project off Altamira in late October or early November.

NFE sent its liquefaction rig Pioneer II on September 26, 2023 to Mexico’s Altamira to start serving the FLNG project.

Prior to this, NFE’s utilities and accommodation rig, Pioneer III, arrived off Altamira, as well as the gas treatment rig.

The $1.3 billion FLNG project consists of three rigs, Pioneer I, II, and III.

Besides the three rigs, the 160,000-cbm Penguin FSU will serve the project as a floating storage unit.

According to its AIS data, the vessel was on Tuesday located off Altamira.

Most Popular

Yang Ming books LNG-powered containerships in South Korea

Taiwan’s Yang Ming Marine Transport has decided to order LNG dual-fuel container vessels from South Korea's Hanwha Ocean as part of its ongoing fleet optimization plan.

Sabah to take stake in Petronas’ third FLNG

SMJ Energy, owned by the Sabah government, has signed a heads of agreement with Malaysian energy giant Petronas to take a 25 percent stake in the latter's third floating LNG production unit.

Japan’s LNG imports drop in June

Japan’s liquefied natural gas (LNG) imports dropped by 2.8 percent in June compared to the same month last year, according to provisional data released by the country’s Ministry of Finance.

More News Like This

NFE inks second FSRU charter deal with Egypt’s EGAS

Egypt’s EGAS has signed a second deal with US LNG player New Fortress Energy to charter a floating storage and regasification unit (FSRU).

Another FSRU arrives in Egypt

The 160,000-cbm FSRU Energos Eskimo has arrived in Egypt from Jordan, according to shipping data. The unit is one of four FSRUs that will serve a charter deal with Egypt's EGAS as the country seeks to meet its growing demand for natural gas.

Avenir LNG seals charter deal with Excelerate

UK-based small-scale firm Avenir LNG has secured a multi-year extension for its 7,500-cbm vessel Avenir Accolade with US FSRU player Excelerate Energy.

NFE gets non-compliance notice from Nasdaq

US LNG player New Fortress Energy said it had received an expected notice from Nasdaq on non-compliance with the latter’s listing rule for not submitting its quarterly report with the US SEC.