NFE inks EPC contract for Brazilian LNG power plant

US LNG player New Fortress Energy has finalized an EPC contract with a consortium formed by Mitsubishi Power Americas and Andrade Gutierrez for a 1.6 GW power plant to be built adjacent to the Barcarena LNG terminal in Brazil.

NFE has also issued full notice to proceed to the MHI/AG consortium to begin construction work under the contract, it said in a statement on Wednesday.

The power plant will provide firm power capacity under the previously announced 15-year capacity reserve contract that NFE acquired from Denham Capital and Ceiba Energy, which closed in March 2024.

Under the terms of the fixed-price, date-certain EPC contract, construction activities for the thermal power plant are already in progress with commercial operations projected to start no later than August 2026. NFE said.

The power plant will operate under the 15-year agreement with the Brazilian Chamber of Electric Energy Commercialization.

During the first quarter, NFE completed construction and commissioning of both the Barcarena and Santa Catarina “TGS” FSRU-based LNG terminals.

The Barcarena LNG terminal features the 160,000-cbm FSRU, Energos Celsius, while the 138,250-cbm FSRU Energos Winter serves the Santa Catarina LNG terminal.

Along with the existing 630 MW power plant and 25-year agreement, the Barcarena LNG terminal will now host and supply LNG to more than 2,200 MWs of power capacity owned by NFE, as well as supply natural gas to Norsk Hydro’s Alunorte alumina refinery under a 15-year contract which started in Q1 2024.

Most Popular

Shell names new Canada head

UK-based LNG giant Shell has named Stastia West as the new president and country chair for its Canadian business...

German FSRU terminal operator allocates 2025 regas slots

In December last year, DET allocated six regasification slots for the first quarter of 2025 at its FSRU-based terminals in Brunsbüttel and Wilhelmshaven 1.

TotalEnergies CEO expects US financing for Mozambique LNG to be approved in weeks

In May 2020, EXIM voted to amend the agency's previously approved September 2019 direct loan supporting US exports for...

More News Like This

NFE shipped nine Altamira LNG cargoes

According to NFE, the Fast LNG (FLNG) project is in the final phase of commissioning and is producing above...

NFE to supply gas to Puerto Rico power plant

NFE said in a statement on Wednesday that the gas supply deal is for 20 years. According to NFE, the...

NFE says Andrew Dete will no longer serve as president

Dete, who along with Leandro Cunha and Jeremy Dawson has been jointly responsible for NFE's business in Brazil (Hygo),...

Brazil’s Eneva launches small liquefaction plant

According to a statement by Eneva on December 17, the small liquefaction unit started commercial operations following commissioning and...