New Fortress Energy Receives Mexico Export Authorization For Altamira Fast LNG Project
02 Junho 2023 - 7:00AM
Business Wire
New Fortress Energy Inc. (NASDAQ: NFE) announced that it has
received an export permit for its Altamira Fast LNG facility from
Mexico’s Ministry of Energy (Secretaría de Energía (SENER)).
Under the permit granted by SENER, NFE is now authorized to
export up to 7.8 million metric tons through April, 2028, providing
ample capacity to support the operations of the 1.4 million tons
per annum (MTPA) Fast LNG facility through the permitted period.
Additionally, as previously announced, NFE has received
authorization from the U.S. Department of Energy to export
US-sourced LNG to Mexico and other FTA countries.
“This permit is the final piece to the puzzle for launching our
first Fast LNG in Altamira,” said Wes Edens, Chairman and CEO of
New Fortress Energy. “Obtaining this authorization not only paves
the way for operations to commence at our new LNG hub in the third
quarter of this year, but it also advances our efforts to expand
access to cleaner, cheaper and more reliable energy to customers
around the world.”
Construction for the first 1.4 MTPA Fast LNG unit is over ninety
percent complete and deployment to Altamira is expected to begin
this month. With operations slated to begin in the third quarter of
2023, NFE is on track to establish its new LNG hub, furthering its
efforts to provide affordable and reliable energy solutions to
customers worldwide.
About New Fortress Energy Inc.
New Fortress Energy Inc. (NASDAQ: NFE) is a global energy
infrastructure company founded to address energy poverty and
accelerate the world’s transition to reliable, affordable, and
clean energy. The company owns and operates natural gas and
liquefied natural gas (LNG) infrastructure and an integrated fleet
of ships and logistics assets to rapidly deliver turnkey energy
solutions to global markets. Collectively, the company’s assets and
operations reinforce global energy security, enable economic
growth, enhance environmental stewardship and transform local
industries and communities around the world.
Cautionary Language Regarding Forward-Looking
Statements
This communication contains forward-looking statements. All
statements contained in this communication other than historical
information are forward-looking statements that involve known and
unknown risks and relate to future events, our future financial
performance or our projected business results. You can identify
these forward-looking statements by the use of forward-looking
words such as “expects,” “may,” “will,” “predicts,” “intends,”
“plans,” “estimates,” “anticipates,” or the negative version of
these terms or other comparable words. Forward looking statements
include but are not limited to: statements regarding commencing
operations in the third quarter of 2023; expectations of exporting
up to 7.8 million metric tons through April 2028; and efforts to
bring cleaner, cheaper and more reliable energy to customers around
the world.
These forward-looking statements are necessarily estimates based
upon current information and involve a number of risks,
uncertainties and other factors, many of which are outside of the
Company’s control. Actual results or events may differ materially
from the results anticipated in these forward-looking statements.
Specific factors that could cause actual results to differ from
those in the forward-looking statements include, but are not
limited to: unknown and unforeseen risks related to the
construction or commissioning schedule of the facilities, including
incompatibility of systems, delays and schedule changes, regulatory
and legal challenges; the receipt of permits, approvals and
authorizations from governmental and regulatory agencies on a
timely basis or at all; breach or failure by the parties to comply
with the covenants and obligations under the agreements; nonpayment
or nonperformance of obligations by the parties; adverse regional,
national, or international economic conditions, adverse capital
market conditions and adverse political developments; and the
impact of public health crises, such as pandemics (including
coronavirus (COVID-19)) and epidemics and any related company or
government policies and actions to protect the health and safety of
individuals or government policies or actions to maintain the
functioning of national or global economies and markets. These
factors are not necessarily all of the important factors that could
cause actual results to differ materially from those expressed in
any of NFE’s forward-looking statements. Other known or
unpredictable factors could also have material adverse effects on
future results.
Any forward-looking statement speaks only as of the date on
which it is made, and we undertake no duty to update or revise
these forward-looking statements, even though our situation may
change in the future. New factors emerge from time to time, and it
is not possible for the Company to predict all such factors. When
considering these forward-looking statements, you should keep in
mind the risk factors and other cautionary statements included in
New Fortress Energy Inc.’s annual and quarterly reports filed with
the Securities and Exchange Commission, which could cause its
actual results to differ materially from those contained in any
forward-looking statement.
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