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New Fortress Energy has signed a MoU with Mauritania to develop an Energy Hub, including natural gas, power, liquefied natural gas (LNG) and blue ammonia, utilising existing offshore gas reserves off the coast of Mauritania
Under the terms of the MoU, NFE will deploy its ‘Fast LNG’ liquefaction technology to produce LNG in the Atlantic coastal basin offshore Mauritania for local gas and power markets as well as international exports. NFE will supply natural gas to both the existing 180MW Somolec Power Plant and a new 120MW combined cycle power plant that will be developed.
“The production of liquefied natural gas from these fields with our innovative Fast LNG liquefiers will help accelerate the global transition to cleaner fuels,” said Wes Edens, chairman and CEO of NFE.
“Supply of natural gas and modern power infrastructure will also help bring more affordable, reliable and cleaner power to support industrial development and sustainable economic growth in Mauritania and, at the same time, unlock the country’s potential to be a top exporter of clean LNG and blue ammonia.”
NFE’s ‘Fast LNG’ liquefaction design pairs the latest advancements in modular, midsize liquefaction technology with jack up rigs or similar floating infrastructure to enable a much lower cost and faster deployment schedule than today’s floating liquefaction vessels.