New Fortress Energy Secures 5-Year FSRU Contract in Egypt

New Fortress Energy Executes 5-year Charter for Energos Winter

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07/15/2025 - 04:15 PM

NEW YORK--(BUSINESS WIRE)-- New Fortress Energy Inc. (NASDAQ: NFE) (鈥淣FE鈥� or the 鈥淐ompany鈥�) via a subsidiary has executed a 5-year agreement for the deployment of the Energos Winter, a 138,250 m³ floating storage and regasification unit (鈥淔SRU鈥�), with the Egyptian Natural Gas Holding Company (鈥淓GAS鈥�). The Winter will operate at EGAS鈥� LNG import terminal located at Damietta, Egypt. This is NFE鈥檚 second FSRU stationed in Egypt, and the Winter will join the Energos Eskimo in Egypt as early as August of this year.

鈥淲e are pleased to reinforce our relationship with EGAS by way of our deployment of a second FSRU to Egypt. This deal enhances NFE鈥檚 goals of providing reliable and cost-effective energy across the globe,鈥� said Chris Guinta, CFO of New Fortress Energy.

鈥淓GAS is pleased to strengthen its long-standing partnership with New Fortress Energy through the execution of a second Regasification Service Agreement. Under this agreement, NFE鈥檚 second FSRU, Energos Winter, will provide regasification services at the Damietta terminal, contributing to the security of natural gas supply for the Arab Republic of Egypt over the next five years,鈥� said Yasseen Mohamed, Executive Managing Director of EGAS.

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鈥檚 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鈥檚 assets and operations reinforce global energy security, enable economic growth, enhance environmental stewardship and transform local industries and communities around the world.