Free Trial

LNG: New Fortress Achieve First LNG Cargo

LNG

U.S. company New Fortress Energy said on Monday its Fast LNG (FLNG) asset offshore Altamira, Mexico had achieved first full LNG cargo, which was setting sail for Europe.

  • The US DoE has authorised Mexico’s 1.4m mtpa Altamira LNG export terminal to load cargoes produced from US gas to countries without free trade agreements with the US according to Argus in early September.
  • This was the first new non-FTA permit issued to an LNG export terminal since the Biden administration announced a pause on new non-FTA authorisations in January.
86 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

U.S. company New Fortress Energy said on Monday its Fast LNG (FLNG) asset offshore Altamira, Mexico had achieved first full LNG cargo, which was setting sail for Europe.

  • The US DoE has authorised Mexico’s 1.4m mtpa Altamira LNG export terminal to load cargoes produced from US gas to countries without free trade agreements with the US according to Argus in early September.
  • This was the first new non-FTA permit issued to an LNG export terminal since the Biden administration announced a pause on new non-FTA authorisations in January.