New Fortress Energy Places Barcarena LNG Terminal in Pará, Brazil into Operation
2024年2月29日 - 8:30PM
ビジネスワイヤ(英語)
New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”)
today announced that its 6 MTPA (300 TBtu) Barcarena LNG terminal
located in Pará, Brazil is now operational with the Energos Celsius
Floating Storage Regasification Unit (FSRU) on-site. NFE cohosted
an event on-site to celebrate the terminal’s commissioning with the
state government of Pará and the Ministry of Mines and Energy for
Brazil, including Helder Barbalho, the Governor of Pará, and
Alexandre Silveira, the Minister of Mines and Energy for
Brazil.
NFE’s Barcarena LNG terminal is strategically located at the
mouth of the Amazon River in Pará, Brazil and serves as the sole
natural gas supply source in the state of Pará and the North region
of Brazil. The facility consists of an offshore terminal and FSRU
that will supply LNG to several industrial customers, including a
15-year contract with Norsk Hydro’s Alunorte refinery, the largest
alumina refinery in the world. The terminal will not only support
industrial development but also reduce emissions and pollution in
the environmentally sensitive Amazon region by providing a cleaner,
affordable and reliable alternative to oil-based fuels.
NFE expects to immediately begin delivering natural gas to Norsk
Hydro’s Alunorte refinery under a 15-year gas supply agreement. NFE
will supply the alumina production facility with approximately 30
TBtus of natural gas annually, reducing the refinery’s annual CO2
emissions by an estimated 700,000 tonnes per annum and supporting
Norsk Hydro's global commitment to reduce greenhouse gas emissions
by 30% by 2030.
The Barcarena terminal will also supply natural gas to NFE’s 630
MW power plant, which is currently under construction adjacent to
the Barcarena terminal. The power plant remains on track to achieve
COD in the third quarter of 2025 and is approximately 50% complete.
Additionally, the company intends to utilize its existing
infrastructure in place in Barcarena to strategically expand its
power complex by 1.6 GW under the previously announced New Power
Project PPA, with an expected COD no later than July 2026. NFE has
applied to transfer the New Power Project PPA to a permitted site
adjacent to the Barcarena terminal and expects close the
acquisition in the first quarter of 2024, subject to regulatory
approval.
“Our Barcarena complex is a great example of NFE’s fully
integrated LNG-to-power business model, where our LNG import
terminal provides a significant competitive advantage. We are
honored to support Brazil, the state of Pará, and Norsk Hydro in
their decarbonization efforts while growing energy supply and
economic opportunity in the region,” said Wes Edens, Chairman and
CEO of New Fortress Energy.
About New Fortress Energy Inc.
New Fortress Energy Inc. (NASDAQ: NFE) is a global energy
infrastructure company founded to address energy poverty and
accelerate the world’s transition to reliable, affordable, and
clean energy. The company owns and operates natural gas and
liquefied natural gas (LNG) infrastructure and an integrated fleet
of ships and logistics assets to rapidly deliver turnkey energy
solutions to global markets. Collectively, the company’s assets and
operations reinforce global energy security, enable economic
growth, enhance environmental stewardship and transform local
industries and communities around the world.
Cautionary Language Regarding Forward-Looking
Statements
This communication contains forward-looking statements. All
statements contained in this communication other than historical
information are forward-looking statements that involve known and
unknown risks and relate to future events, our future financial
performance or our projected business results. You can identify
these forward-looking statements by the use of forward-looking
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include but are not limited to: expectations related to maintenance
and repair work of Puerto Rico’s power system and grid; ability to
improve grid stability in Puerto Rico; the ability of the project
to transition to a cleaner, more affordable and reliable energy
system; and satisfaction of the terms and conditions with respect
to the transactions.
These forward-looking statements are necessarily estimates based
upon current information and involve a number of risks,
uncertainties and other factors, many of which are outside of the
Company’s control. Actual results or events may differ materially
from the results anticipated in these forward-looking statements.
Specific factors that could cause actual results to differ from
those in the forward-looking statements include, but are not
limited to: unknown and unforeseen risks related to the
development, construction or commissioning schedule of the
facilities, including failure to meet design and engineering
specifications, incompatibility of systems, delays and schedule
changes, high costs and expenses, and regulatory and legal
challenges, among others; the receipt of permits, approvals and
authorizations from governmental and regulatory agencies on a
timely basis or at all; we will be unable to operationalize our
plans for the projects and derive the benefits expected; common
risks related to successful integration of the businesses; breach
or failure by the parties to comply with the covenants and
obligations under the agreements; nonpayment or nonperformance of
obligations by the parties; inability to realize the anticipated
benefits from the project or our partnerships; adverse regional,
national, or international economic conditions, adverse capital
market conditions and adverse political developments; business
disruption following the transaction; and the impact of public
health crises, such as pandemics (including coronavirus (COVID-19))
and epidemics and any related company or government policies and
actions to protect the health and safety of individuals or
government policies or actions to maintain the functioning of
national or global economies and markets. These factors are not
necessarily all of the important factors that could cause actual
results to differ materially from those expressed in any of NFE’s
forward-looking statements. Other known or unpredictable factors
could also have material adverse effects on future results.
Any forward-looking statement speaks only as of the date on
which it is made, and we undertake no duty to update or revise
these forward-looking statements, even though our situation may
change in the future. New factors emerge from time to time, and it
is not possible for the Company to predict all such factors. When
considering these forward-looking statements, you should keep in
mind the risk factors and other cautionary statements included in
New Fortress Energy Inc.’s annual and quarterly reports filed with
the Securities and Exchange Commission, which could cause its
actual results to differ materially from those contained in any
forward-looking statement.
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version on businesswire.com: https://www.businesswire.com/news/home/20240229251330/en/
Investors Chance Pipitone ir@newfortressenergy.com
Media press@newfortressenergy.com
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