New Fortress Energy Inc. announced the achievement of First LNG for its initial Fast LNG asset located offshore Altamira, Mexico. This milestone establishes FLNG as the fastest large-scale LNG project ever developed.
FLNG boasts a production capacity of 1.4 MTPA, or approximately 70 TBtus, completing the vertical integration of NFE’s LNG portfolio. This integration plays a pivotal role in supplying low-cost, clean LNG to the Company’s downstream terminal customers.
Wes Edens, chairman and CEO of New Fortress Energy, remarked, “First LNG represents a transformative moment for our company and the industry as a whole, and reaffirms our position as a fully integrated leader in the global LNG market.”
Chris Guinta, chief financial officer of New Fortress Energy, added, “We are immensely proud of the dedication and hard work by our team, who have completed more than 9 million work hours, to bring this large-scale project to life at a record pace. In doing so, our downstream customers now benefit from additional access to clean and reliable LNG, enabling sustained growth well into the future.”
For more information visit www.newfortressenergy.com
