The U.S. Department of Energy has delayed a new LNG export project by asking New Fortress Energy to resubmit an application for an export permit.
The U.S. Department of Energy has delayed a new LNG export project led by New Fortress Energy by asking it to resubmit an application for an export permit. Reuters reports that the DoE had informed the company that if any part of its floating facility was onshore Mexico, it would have to reapply for an export permit. The issue concerns the Altamira floating LNG project in Mexican waters and first production was previously expected in July.
In September, Reuters reported that there are plans for nine onshore and offshore LNG plants for Mexico. The facilities will produce mostly U.S. natural gas. So far, New Fortress Energy has secured export licenses for countries that have a free trade agreement with the United States but the license for countries without such agreements is pending. It is the free trade agreement license that needs an application resubmission, per the Department of Energy.
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