New Fortress Energy Granted LNG Export License to Non-FTA Countries

Reported about 1 month ago

New Fortress Energy has received authorization from the U.S. Department of Energy to export liquefied natural gas (LNG) from its facility in Mexico to non-free trade agreement countries. The company can export up to 1.4 million tonnes per annum for five years, starting from its Fast LNG 1 project which began output in July. This comes as demand for LNG is anticipated to grow in Latin America, particularly in nations like Brazil and Jamaica.

Source: YAHOO

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