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Mexico LNG Sendout from New Fortress Altamira Project Likely in July

Team_HydrowavBy Team_HydrowavJune 17, 2024No Comments1 Min Read

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New Fortress Energy Inc. (NFE) said the work necessary to begin operations at its LNG unit offshore Altamira, Mexico, is nearly complete with first production seen within two weeks.

The company added in an update that the fast liquefied natural gas (FLNG) facility would be able to begin production in 10 days with the first cargo set for July.

The project, which would be the first export facility to ship natural gas from Mexico to global markets, has seen months of delays. CFO Chris Guinta in the quarterly earnings call said a late April malfunction with the FLNG facility’s cold box resulted in some minor injuries.

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