NFE plans to launch Nicaragua LNG-to-power project in Q4 2024

US LNG player New Fortress Energy expects to start operations at its LNG-to-power project in Puerto Sandino, Nicaragua in the fourth quarter of this year. Back in February 2020, NFE signed a 25-year power purchase agreement with Distribuidora de Electricidad del Norte (DisNorte) and Distribuidora de Electricidad del Sur (DisSur), Nicaragua’s electricity distribution companies. As…

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Financing secured for Manzanillo LNG-to-power project

Manzanillo Gas & Power has secured financing for its Manzanillo LNG-to-power project in the Dominican Republic, which includes a floating storage and regasification unit (FSRU).

ALNG expects to enter LNG trading by year-end

Norway’s ALNG, the owner of two TFDE LNG vessels, expects to enter LNG trading with its first transaction by the end of this year, according to interim CEO Jens-Julius Ramdahl Nygaard.

ExxonMobil dishes out $1.1 billion in Rovuma LNG contracts

US energy giant ExxonMobil and its partners in the planned Rovuma LNG project in Mozambique have awarded $1.1 billion in pre-investment contracts for long-lead upstream equipment.

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Egypt says no one injured after Damietta FSRU incident

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NFE says UK court approves restructuring plan

US LNG player New Fortress Energy said that a UK court approved its previously announced restructuring plan.

NFE gets strong support for $5.8 billion restructuring plan

US LNG player New Fortress Energy said it had received "strong indications" of support from its stakeholders for the previously announced $5.8 billion UK restructuring plan.

NFE seals long-term deal for Brazilian LNG terminal

US LNG firm New Fortress Energy said on Tuesday that its Brazil platform has signed a long-term lease and capacity agreement for the FSRU-based LNG import terminal in Santa Catarina, Brazil.