New Fortress Energy Inc. announced on October 25, 2024, that its initial Fast LNG unit has successfully completed its third cargo loading. The unit is now producing at or above its nameplate capacity of 1.4 MTPA, demonstrating robust operational performance.
The loaded cargo was dispatched on the BW Pavilion, destined for New Fortress Energy's operations in Puerto Rico. This achievement signifies a critical step in validating the Fast LNG technology and its ability to provide a reliable source of liquefied natural gas.
Reaching full nameplate production is a significant milestone for the company, as it secures a low-cost LNG supply and enhances the efficiency of its downstream terminals. This operational success is expected to contribute to higher margins and a stronger competitive position for New Fortress Energy.
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