Storage Vessel For Mexico’s 1st LNG Plant Departs U.S Waters

According to ship monitoring data, a storage vessel for Mexico’s inaugural liquefied natural gas (LNG) plant left the US waters on Monday for Altamira in Mexico, putting the offshore project on schedule to begin exports soon.

New Fortress Energy said this week that its 1.4 million metric tons/year Altamira floating LNG facility had begun processing gas. The corporation had postponed its grand opening earlier this year due to infrastructure problems.

Video Credit: New Fortress Energy/YouTube

They are thrilled to share that they have secured the first gas for the Fast LNG 1 unit, an important accomplishment for the project and the world of LNG, the business said in a social media post.

The next phase in the firm’s plan is to begin exports. The Sur de Texas-Tuxpan pipeline from Texas will supply natural gas to Altamira’s first liquefaction train.

Two more trains are planned to become part of this $1.3 billion endeavour, which includes Mexico’s state-owned electricity utility CFE.

Mexico presently imports LNG and relies on the US for the majority of its natural gas requirements. The NFE project will be Mexico’s first LNG production and export facility.

On the Gulf and Pacific coasts of Mexico, nine onshore as well as floating LNG facilities will be constructed, the majority of which will process US gas.

Reference: Yahoo