New Fortress Energy had three announcements this morning involving three projects in Mexico 🇲🇽
1) Offshore LNG project in Veracruz
2) Offshore LNG project in Tamaulipas
3) Sale of a power plant / natural gas deal in Baja California Sur
#LNG #NatGas #ONGT #Shale #OOTT #MXEnergy
1) Offshore LNG project in Veracruz
2) Offshore LNG project in Tamaulipas
3) Sale of a power plant / natural gas deal in Baja California Sur
#LNG #NatGas #ONGT #Shale #OOTT #MXEnergy
The first announcement involved a deal with Mexico's state-owned oil company Pemex to develop the offshore Lakach Field near Coatzacoalcos, Veracruz
The deepwater natural gas field will supply the domestic market and be used for LNG exports
Details at bit.ly/3aedNkC
The deepwater natural gas field will supply the domestic market and be used for LNG exports
Details at bit.ly/3aedNkC
The second announcement involved a deal with Mexico's state-owned electricity company CFE
CFE will supply natural gas for an offshore LNG project near Altamira, Tamaulipas
Details at bit.ly/3bQ39B4
CFE will supply natural gas for an offshore LNG project near Altamira, Tamaulipas
Details at bit.ly/3bQ39B4
New Fortress Energy will also sell its natural gas-fired power plant near La Paza, Baja California Sur to CFE
The American company will then supply natural gas to the power plant
Details at bit.ly/3bQ39B4
The American company will then supply natural gas to the power plant
Details at bit.ly/3bQ39B4
The third announcement involved a $2 billion deal where New Fortress Energy sold 11 of its LNG ships to a newly formed joint venture between the company and funds managed by private equity giant Apollo
Details at bit.ly/3ahooeA
Details at bit.ly/3ahooeA
• • •
Missing some Tweet in this thread? You can try to
force a refresh
