Montego Bay LNG Terminal
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Montego Bay LNG Terminal is an operating LNG import terminal in Jamaica. It is also known as the Bogue LNG Terminal.
Location
Project Details
- Owner: Excelerate Energy[1]
- Parent: Excelerate Energy[1]
- Location: Montego Bay, Jamaica
- Coordinates: 18.463029, -77.934847 (exact)
- Capacity: 0.5 mtpa[2]
- Cost: 200 million USD[3]
- Status: Operating
- Type: Import
- Start Year: 2016[2]
- Associated infrastructure: Bogue power station[4]
Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day
Background
The New Fortress LNG storage and regasification terminal in Montego Bay, Jamaica (the "Montego Bay Terminal") serves as a supply hub for the north side of Jamaica. The terminal provides gas to local customers by truck, and also fuels the 120 MW Bogue power station in Montego Bay, Jamaica via a direct pipeline connection.[5]
The Montego Bay Terminal commenced commercial operations on October 30, 2016 and stores approximately two million gallons of LNG in seven storage tanks. The Montego Bay Terminal also consists of an ISO loading facility that can transport LNG to all industrial and manufacturing ("small-scale") customers across the island. The small-scale business provides these users with an alternative fuel to support their business operations.[6]
2025 change of ownership
In March 2025, Excelerate Energy announced it would acquire the Montego Bay Terminal from New Fortress Energy as part of a US$1.055 billion deal encompassing all of NFE's Jamaican assets.[1][7][8][9] The sale was officially closed in the second quarter of 2025.[10]
Articles and resources
References
- ↑ 1.0 1.1 1.2 "Excelerate Energy Advances Growth Strategy with Acquisition of Jamaica Downstream LNG and Power Infrastructure Business from New Fortress Energy". Excelerate Energy. 2025-03-27.
- ↑ 2.0 2.1 "GIIGNL Annual Report 2024 (p 46)" (PDF). GIIGNL. 2024-06-03.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Jamaica to Build LNG Terminal". The Maritime Executive. Retrieved 2022-07-26.
- ↑ "Montego Bay facility kicks off positive energy in Jamaica". New Fortress Energy. Retrieved 2022-06-02.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Q3 2024 Investor Presentation". New Fortress Energy. November 7, 2024.
{{cite web}}: CS1 maint: url-status (link) - ↑ Amendment No. 1 to Form S-1: New Fortress Energy LLC MarketWatch, Mar 26, 2019
- ↑ "Excelerate buys NFE's Jamaica business for $1.05 billion". LNG Prime. 2025-03-27.
- ↑ "Excelerate Energy acquires Jamaica Downstream LNG from New Fortress Energy". LNG Industry. 2025-03-28. Retrieved 2025-06-25.
- ↑ Nikše, Dragana (2025-03-27). "US LNG major buying compatriot's Jamaican assets for $1.05B in pursuit of downstream growth". Offshore Energy. Retrieved 2025-06-25.
- ↑ "Q1 2025 Investor Presentation (p 5)". New Fortress Energy. 2025-05-31.
{{cite web}}: CS1 maint: url-status (link)
