US-based LNG player New Fortress Energy has executed a definitive agreement to charter the floating storage and regasification unit (FSRU) Energos Winter from Petrobras starting in December 2023.
The FSRU will immediately be deployed to Terminal Gas Sul (TGS), NFE’s newest LNG import terminal in Santa Catarina, Brazil, which will start commercial operations ahead of schedule in January 2024.
The FSRU will be sub-chartered by NFE through the remaining term of the Petrobras charter with Energos Infrastructure and then directly chartered by NFE on a long-term basis with Energos.
This will enable NFE to begin commercial operations at Terminal Gas Sul in January 2024 and continue uninterrupted service on a long-term basis. Energos Infrastructure, the owner of the FSRU, is owned 80% by funds managed by Apollo and 20% by NFE.
“The Terminal Gas Sul terminal is a unique, high-growth opportunity for NFE, as a connection to the pipeline system in south Brazil offers a diverse and near-term set of opportunities across power and gas supply,” said Andrew Dete, managing director of New Fortress Energy.
