New Fortress Energy targets July launch for first ‘Fast LNG’ liquefier


New Fortress Energy is gearing up for the commissioning of its first Fast Liquefied Natural Gas (FLNG) liquefier in July.

Mechanical completion and first rig sail away are scheduled for May, followed by onshore commissioning and offshore hook-up in June, with offshore installation and commissioning complete a month later, according to a presentation.

All start-up critical operating procedures are in place with supervisors and management hired, and maintenance management systems are being developed with Fluor.

Final modules are to be integrated onto rigs by the end of this month, the company stated, as it announced Q4 2022 adjusted EBITDA of $239m and ~$1.1bn for the year ended December 31, 2022.

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