NFE resumes Altamira LNG production

US LNG firm New Fortress Energy has resumed LNG production at its FLNG project off Altamira, Mexico after completing scheduled maintenance.

NFE said in a statement on Monday that the scheduled maintenance outage of its 1.4 mtpa Fast LNG 1 asset had been completed, and the FLNG unit has “returned to production as scheduled this morning.”

This planned outage followed the first LNG cargo which occurred on August 9.

“The FLNG 1 unit is expected to continue its production ramp and will reach full production later this month,” NFE said.

NFE loaded a partial cargo onboard the 138,000-cbm Energos Princess.

The Wes Edens-led firm said this cargo will be delivered to NFE’s La Paz, Mexico terminal.

According to its AIS data provided by VesselsValue, Energos Princess was on Monday located near the 170,000-cbm Hoegh Gallant FSRU which serves NFE’s offshore Old Harbour facility in Jamaica.

NFE’s proprietary Fast LNG design pairs the latest advancements in modular liquefaction technology with jack up rigs or similar offshore infrastructure to enable a faster deployment schedule than traditional liquefaction facilities.

The company previously said the FLNG project adds more than $2 billion of infrastructure to its asset base.

NFE sent its liquefaction rig Pioneer II on September 26, 2023 to Altamira to start serving the FLNG project.

Prior to this, NFE’s utilities and accommodation rig, Pioneer III, arrived off Altamira, as well as the gas treatment rig.

The FLNG project consists of three rigs, Pioneer I, II, and III.

Besides the three rigs, the 160,000-cbm Penguin FSU serves the project as a floating storage unit.

In addition to this project, NFE recently closed its previously announced $700 million loan for its second FLNG unit which it aims to install onshore in Altamira.

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