New Fortress Energy Executes 10 Year Charter for Energos Eskimo

New Fortress Energy (NFE) has signed a significant 10-year charter agreement with the Egyptian Natural Gas Holding Company (EGAS) for the Energos Eskimo, a 160,000 m3 floating storage and regasification unit.

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12/11/2024 - 08:30 AM EST

NEW YORK--(BUSINESS WIRE)-- New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) has executed a 10 year charter agreement for the Energos Eskimo, a 160,000 m³ floating storage and regasification unit, with the Egyptian Natural Gas Holding Company (“EGAS”). The Eskimo will be deployed to EGAS’ LNG import terminal located at Ain Sokhna, Egypt and is expected to begin operations in the summer of 2025.

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.