US LNG firm New Fortress Energy will soon load the first liquefied natural gas cargo at its FLNG project off Altamira, Mexico.
Last month, NFE launched production at its initial Fast LNG asset, claiming this is the “fastest large-scale LNG project ever developed”.
NFE provided an update on Friday saying that its LNG asset is “performing well as expected”.
The asset is scheduled to conclude commissioning and its preproduction run on Friday, August 9th, with the first partial LNG cargo set to be loaded onto the 138,000-cbm Energos Princess, according to NFE.
This cargo will then be delivered to NFE’s La Paz, Mexico terminal in the following days.
Following the “significant milestone” of first load, NFE’s FLNG asset will undergo a scheduled maintenance outage of several days.
After this, the LNG project will resume operations and is expected to reach full production later in August 2024, NFE said.
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.
Besides 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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