New Fortress Energy (NFE) Inc. has executed agreements with Mexico’s Comisión Federal de Electricidad (CFE) to expand and extend NFE’s supply of natural gas to multiple CFE powerplants in Baja California Sur, sell NFE’s 135-Mw La Paz power plant to CFE, and create a new floating LNG (FLNG) hub off the coast of Altamira, Tamaulipas, with CFE supplying requisite feedgas to multiple NFE FLNG units using existing CFE pipeline capacity.
NFE expects to deliver the first of as many as three 1.4-million tonne/year FLNG units by mid-2023. The modular approach to developing the FLNG hub will allow it to be brought online incrementally and expanded as market demand warrants. Gas will be supplied via TC Energy Corp.’s 2.6-bcfd Sur de Texas-Tuxpan pipeline.
New Fortress’ first FLNG unit for the project is under construction at Kiewit Offshore Services Ltd.’s shipyard near Corpus Christi, Tex., with NFE expecting mechanical completion in March 2023. CFE will share in the production and marketing of a portion of the Altamira offshore hub’s LNG.
In July 2021, NFE began commercial operations of its 1.3-bcfd LNG regasification terminal in the port of Pichilingue, La Paz, Baja California Sur, supplying natural gas to CFE’s generation plants in the region. As part of the new agreements, CFE and NFE will extend the term and increase the volume of NFE’s gas supply. NFE also will sell its 135-Mw Central Turbogás Amaunet powerplant, also in La Paz, to CFE.
