U.S. Customs and Border Protection has issued a ruling to New Fortress Energy, confirming that the transportation of LNG produced on the its FLNG facility positioned offshore Altamira in Mexico by non-U.S. certified vessels wouldn’t violate the Jones Act.
As a results of this ruling, NFE is now capable of promote and ship LNG produced at its FLNG facility positioned offshore Altamira, Mexico to U.S. places, together with Puerto Rico.
Puerto Rico represents a key downstream marketplace for New Fortress Energy, in accordance with the corporate.
“We are extremely pleased to receive this ruling for our FLNG facility since it not only supports one of the company’s largest projects but also supports the people of Puerto Rico,” stated Wes Edens, Chairman and CEO of New Fortress Energy.
New Fortress Energy’s $1.3 billion Altamira LNG challenge will liquefy gasoline equipped by the Sur de Texas-Tuxpan pipeline and can assist create a brand new FLNG hub off the east coast of Mexico.
The LNG can be produced at its first Fast LNG liquefaction practice, which is able to turning about 0.18 billion cubic toes per day of pure gasoline into round 1.4 million tonnes every year (MTPA) of LNG.
