UPDATE 1-New Fortress delays start of Mexico's first LNG plant to May [Yahoo! Finance]
New Fortress Energy Inc. - Class A (NFE)
Last new fortress energy inc. - class a earnings: 3/4 12:02 am
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Source: Yahoo! Finance
May 8 (Reuters) - New Fortress Energy said on Wednesday it delayed the start of its Altamira liquefied natural gas (LNG) plant in Mexico to May and expects to export its first cargo in June after an incident a few days before the country's first LNG export plant was due to begin production. U.S.-based New Fortress announced the latest timing for its first Fast LNG (FLNG) train in its first quarter earnings release and presentation. In its previous results released in February , the company said it expected to produce first LNG in March and send out its first cargo in April. That too had been a delay from previous December and September planned start up dates for the first train at the 1.4-million-tonnes-per-annum (MTPA) floating LNG project located off the coast of Altamira. In a call with analysts on Wednesday, New Fortress Chief Financial Officer Christopher Guinta said there was "an incident with a pipe fracture inside of our cold box last Friday, April 26." "Thi
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- New Fortress Energy Inc. (NASDAQ:NFE) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
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