NFE, Ocean Point launch Saint Croix LNG ops

US LNG firm New Fortress Energy and Ocean Point Terminals have launched ship-to-ship liquefied natural gas operations at the latter’s dock facilities in Saint Croix, a part of the US Virgin Islands in the Caribbean.

According to a statement by Ocean Point, the firm held a ribbon-cutting ceremony for the project on June 22.

Ocean Point said it welcomed the first LNG carrier to its Dock 8 two weeks ago, where it will be moored for transfers on a temporary basis until a permanent operation is established on Dock 6 later this year.

Also, LNG will be transferred from large supply vessels to smaller shuttle ships for redistribution across the Atlantic region.

The firm did not provide any additional information regarding the FSU LNG project.

According to its AIS data, the 2010-built 155,000-cbm, GasLog Singapore, is currently located in Saint Croix.

NFE Transport Partners chartered this LNG carrier from GasLog until June 2025.

Ocean Point said this announcement of the company’s new operation follows a three-year process to enable LNG carriers to be moored at its facility for STS transfers and creates a new line of business for the company.

“The start-up of this project will provide broad benefits to St. Croix and the wider region. Importantly, this project significantly increases access to affordable, reliable, clean LNG fuel in the region to accelerate the regional energy transition,” Ocean Point’s CEO Todd Dillabough said in the statement.

“It also expands Ocean Point’s business offering to customers, enables additional follow-on business opportunities, builds on Ocean Point’s significant contributions to the US Virgin Islands over the last 57 years, and positions the company as a key energy logistics hub in the Atlantic Basin for LNG and both sustainable and green tech fuels of the future,” Dillabough said.

Most Popular

Woodside terminates Commonwealth LNG SPA

Australian LNG player Woodside has terminated its two LNG sale and purchase agreements with US LNG terminal developer Commonwealth LNG.

Energy Transfer seals Lake Charles LNG supply deals

Texas-based Energy Transfer has signed new supply deals for its planned Lake Charles LNG export facility in Louisiana as it works to take a final investment decision by the end of this year, according to its management.

Thailand in Alaska LNG talks

Thailand's PTT and Egco will engage in further discussions to potentially participate in the development and buy volumes from the planned Alaska LNG project, according to Thailand's Ministry of Energy.

More News Like This

Excelerate in $700 million senior notes offering

US FSRU player Excelerate Energy aims to raise about $700 million via an offering of unsecured senior notes due 2030.

Excelerate buys NFE’s Jamaica business for $1.05 billion

US FSRU player Excelerate Energy has entered into a definitive agreement with compatriot LNG player New Fortress Energy to acquire NFE’s business in Jamaica for $1.055 billion in cash.

NFE amends Puerto Rico gas supply contract

US LNG player New Fortress Energy has amended its recently extended 80 TBtu islandwide gas supply contract with the Puerto Rico Electric Power Authority.

NFE shipped 12 Altamira LNG cargoes

US LNG firm New Fortress Energy has shipped 12 liquefied natural gas cargoes from its FLNG project off Mexico's Altamira since August last year, while the company continues to move forward with work on its second unit, which will be installed onshore Altamira.