New Fortress Energy signs long-term LNG supply agreement

Published by David Rowlands, Editor
LNG Industry, Monday, 10 February 2020 14:00

New Fortress Energy LLC has announced that it has signed a long-term supply agreement for the purchase of 27.5 million Btu/yr of LNG (or approximately eight cargoes a year) at a price indexed to Henry Hub through January 2030.

According to the statement, this agreement will support the continued growth of New Fortress’ customer base in international markets as the company develops LNG terminals and natural gas infrastructure.

New Fortress Chairman and CEO, Wes Edens, said: “This agreement supports our efforts to spur economic growth and reduce emissions as we deliver more affordable and cleaner energy to our customers.

“We evaluated a broad range of competitive offers to meet the expansion of our LNG terminals across international markets. We’re pleased to take advantage of the dislocation in global LNG markets and secure 10 years of offtake for our growing business.”

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/10022020/new-fortress-energy-signs-long-term-lng-supply-agreement/

Marine Department launches Green Maritime Fuel Bunkering Incentive Scheme

Monday 07 July 2025 15:00

The Marine Department has announced the launch of the Green Maritime Fuel Bunkering Incentive Scheme to facilitate the development of Hong Kong into a high-quality green maritime fuel bunkering centre.

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