US energy company New Fortress Energy Inc’s NFE.N permit to ship liquefied natural gas (LNG) by rail could expire soon.
New Fortress wants to transport LNG from a liquefaction plant it is developing in Wyalusing in northeast Pennsylvania via truck or train to a port in Gibbstown, New Jersey.
The LNG would then be exported by ship from Gibbstown to customers in the Caribbean and elsewhere. The Gibbstown terminal is owned by Fortress Transportation and Infrastructure Investors LLC’s FTAI.N Delaware River Partners LLC subsidiary.
New Fortress, however, has not yet made a final decision to build the Pennsylvania plant, which would liquefy natural gas from the Marcellus shale.
The US Pipeline and Hazardous Materials Safety Administration (PHMSA) issued the permit to New Energy’s Energy Transport Solutions in December 2019.
For more information visit www.newfortressenergy.com
