“This agreement will support the continued growth of New Fortress’ customer base in international markets as the company develops LNG terminals and natural gas infrastructure,” New Fortress said without disclosing the counterparty of the deal.
From its 100,000 gallons per day liquefaction and export plant in Miami, NFE produces LNG for export in intermodal ISO containers to the Caribbean and to small-scale customers in southern Florida. It operates a floating LNG import terminal in Montego Bay, Jamaica, along with a fuel-handling facility and an associated import contract in Puerto Rico.
At San Juan Harbor, Puerto Rico, NFE is building a micro fuel handling facility to serve on-island power and industrial customers via LNG truck loading and onward distribution.
In Jamaica, NFE pledged to invest close to $1 billion into the country’s gas and power sector – the latest milestone being the ground breaking for a $265 million LNG-fuelled combined heat and power plant (CHP) at Jamalco’s Halse Hall headquarters in Clarendon.
The offshore Old Harbour Terminal, commissioned in 2018, features an FSRU and natural gas pipeline to supply fuel to a nearly 190 MW power plant and the about 150 MW Jamalco combined heat and power plant.
Regasified LNG helps transform Jamaica’s power mix. Two years ago virtually 100 percent of the energy in Jamaica was generated by oil, and now some 600 MW of capacity is powered by natural gas and renewables.