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New Fortress Energy Signs Two Long-Term LNG Supply Agreements
December 21, 2020 GMT
NEW YORK--(BUSINESS WIRE)--Dec 21, 2020--
New Fortress Energy Inc. (NASDAQ: NFE) (“New Fortress”) announced today that it has signed two long-term liquefied natural gas (“LNG”) supply agreements to support the Company’s natural gas and electricity businesses in Puerto Rico, Mexico, and Nicaragua. With these purchases and the previous purchases of LNG for the Company’s Jamaican operations, NFE has purchased LNG volumes equal to about 80% of its expected needs across its current portfolio of terminals and assets.