NFE charters Golar Arctic for Jamaica LNG project

US-based New Fortress Energy has signed a charter deal to deploy Golar LNG’s Golar Arctic at its liquefied natural gas project in Jamaica.

Under the charter agreement, the 2003-built, 138,500 cbm Golar Arctic will enter service as a floating storage unit (FSU) in Jamaica for a period of two years starting in March 2016, Golar LNG’s recent financial report reveals.

New Fortress Energy, a unit of the Fortress Investment Group, has signed a deal with Jamaica’s energy company JPS for the supply of gas in Augusts last year.

Under the agreement, NFE will provide JPS with LNG to fire the 120-megawat power plant at Bogue, Montego Bay.

The power plant has first been commissioned in 2003 and is being converted to run on gas, according to JPS.

LNG World News Staff