New Fortress Energy Inc. announced on Jan. 29 that it received a ruling from U.S. Customs and Border Protection that the LNG produced at the company’s FLNG facility offshore Altamira, Mexico, and transported via non-U.S. qualified vessels would not violate the Jones Act.
The Jones Act requires goods shipped between U.S. ports to be transported on ships built, owned and operated by U.S. citizens or permanent residents.
Following the ruling, New Fortress can sell and deliver LNG produced at its FLNG facility offshore Mexico to U.S. locations, including Puerto Rico—a key downstream market for New Fortress, the company said in its press release.
“We are extremely pleased to receive this ruling for our FLNG facility since it not only supports one of the company’s largest projects but also supports the people of Puerto Rico,” said Wes Edens, chairman and CEO of New Fortress Energy.
Recommended Reading
TotalEnergies FIDs Two Developments Offshore Brazil
2024-05-28 - TotalEnergies took FID for two developments offshore Brazil in the prolific Santos Basin where the French energy giant expects its equity production to soon exceed 200,000 boe/d.
Mexico’s Demand for Permian Pipe-gas Likely Here to Stay
2024-05-28 - Permian gas producers exporting piped gas to Mexico can rest assured that demand south of the border will remain robust even under a new Mexican president, Wood Mackenzie says.
E&P Highlights: May 28, 2024
2024-05-28 - Here’s a roundup of the latest E&P headlines, including production start up at a field using an innovative emissions reduction technology.
Equinor to Invest $1B in Troll West Gas Project
2024-05-27 - Equinor awarded contracts to OneSubsea and SLB in the Troll Field as part of efforts the further develop gas infrastructure offshore Norway.
US Drillers Cut Oil, Gas Rigs for Fourth Time in Five Weeks
2024-05-24 - The oil and gas rig count, an early indicator of future output, fell by four to 600 in the week to May 24 the lowest since January 2022.