NFE set to load first Altamira LNG cargo

US LNG firm New Fortress Energy will soon load the first liquefied natural gas cargo at its FLNG project off Altamira, Mexico.

Last month, NFE launched production at its initial Fast LNG asset, claiming this is the “fastest large-scale LNG project ever developed”.

NFE provided an update on Friday saying that its LNG asset is “performing well as expected”.

The asset is scheduled to conclude commissioning and its preproduction run on Friday, August 9th, with the first partial LNG cargo set to be loaded onto the 138,000-cbm Energos Princess, according to NFE.

This cargo will then be delivered to NFE’s La Paz, Mexico terminal in the following days.

Following the “significant milestone” of first load, NFE’s FLNG asset will undergo a scheduled maintenance outage of several days.

After this, the LNG project will resume operations and is expected to reach full production later in August 2024, NFE said.

NFE’s proprietary Fast LNG design pairs the latest advancements in modular liquefaction technology with jack up rigs or similar offshore infrastructure to enable a faster deployment schedule than traditional liquefaction facilities.

The company previously said the FLNG project adds more than $2 billion of infrastructure to its asset base.

NFE sent its liquefaction rig Pioneer II on September 26, 2023 to 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 FLNG project consists of three rigs, Pioneer I, II, and III.

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

Besides this project, NFE recently closed its previously announced $700 million loan for its second FLNG unit which it aims to install onshore in 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.