New Fortress Energy signs FSRU charter
Published by Poppy Clements,
Assistant Editor
Hydrocarbon Engineering,
“We are extremely pleased to reach this agreement with Petrobras and begin operations at the TGS terminal in Santa Catarina, Brazil, ahead of schedule in January 2024. The TGS terminal is a unique, high-growth opportunity for NFE, as connection to the pipeline system in south Brazil offers a diverse and near-term set of opportunities across power and gas supply," said Andrew Dete, Managing Director of New Fortress Energy.
The Energos Winter will be sub-chartered by NFE through the remaining term of the Petrobras charter with Energos infrastructure and then direct-chartered by NFE on a long-term basis with Energos. This will enable NFE to commence commercial operations at TGS in January 2024 and continue uninterrupted service on a long-term basis. Energos Infrastructure, the owner of the Energos Winter, is owned 80% by funds managed by Apollo and 20% by NFE.
The transactions are subject to customary terms and conditions.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/06112023/new-fortress-energy-signs-fsru-charter/
You might also like
Hydrocarbon Engineering Podcast
Mike Logue, Owens Corning Global Business Director – Mechanical Insulation, delves into factors that can support the performance, safety and longevity of insulating systems installed in hydrocarbon processing environments, including cryogenic facilities.
Advario and Braskem Idesa inaugurate US$500 million ethane storage terminal in Veracruz, Mexico
Developed as a 50 - 50 partnership between the two companies, the terminal marks a major milestone in Mexico’s energy and petrochemical infrastructure.
