NFE names Andrew Dete as president

US LNG player New Fortress Energy has appointed its managing director Andrew Dete to the role of president.

Dete joins the senior management team of NFE’s chairman and CEO Wes Edens, general counsel cameron MacDougall, and chief financial officer Chris Guinta.

“Andrew has been fundamental to NFE’s commercial growth and development over the past few years, and we are proud to formally appoint Andrew to the role of president as we see him as an integral part of NFE’s future,” Wes Edens said.

Last month, NFE shipped the first full LNG cargo from its first FLNG project off Mexico’s Altamira to Europe.

This shipment recently arrived at the Dutch Gate LNG terminal in the port of Rotterdam.

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 Altamira 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 closed in July its previously announced $700 million loan for its second FLNG unit which it aims to install onshore in Altamira.