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NFE Receives DOE Authorization to Export LNG to Non-FTA Countries from Fast LNG 1 Asset

Sep 03, 2024•almost 2 years ago

Contract Type

partnership

New YorkEnergyOil And GasRenewable Energy

Description

New Fortress Energy Inc. has received authorization from the United States Department of Energy to export approximately 1.4 million tonnes per annum of LNG to non-Free Trade Agreement countries for a term of five years. This partnership enables the company to supply cheaper and cleaner natural gas to underserved markets globally, accelerating the world’s energy transition.

Company Information

Company

New Fortress Energy

Location

New York, New York, United States

About

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.

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