New Fortress Energy Inc. announced on December 11, 2024, that it has executed a 10-year charter agreement for the Energos Eskimo, a 160,000 m³ floating storage and regasification unit (FSRU). The agreement is with the Egyptian Natural Gas Holding Company (EGAS).
The Energos Eskimo is slated for deployment to EGAS’ LNG import terminal located at Ain Sokhna, Egypt. Operations are expected to commence in the summer of 2025, marking a significant expansion of New Fortress Energy's presence in the region.
This long-term charter provides New Fortress Energy with a stable, contracted revenue stream for a key asset. It reinforces the company's strategy of delivering reliable energy solutions to global markets and strengthens its partnership with a major national energy company.
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