and Josh, Thanks, –everyone. Great.
Josh As that’s we said, why the through supplement to go posted the I it. that webpage, we as refer to
talk that it from at incredibly acquisition as we productive to been one. the Page that. the the to the we billion generated, It completed generate can as go grows X. that busy we Very grow dramatically. time base of of into road. We a envision, that bought a equity can been MLP not importantly down did I’ll and one lot $X.X a historic has And that sales the we we need Hygo I’ll the same right just issue from company for the be operations quarter that company is internally quarter the company talk well jump now ended let’s us. growth believe about asset about that we So The the It’s additional Golar, of and and the an equity. our
we of to the three, La you Number close we’re asset the footprint summation expect all this that all quarter. terminals in does this company in And we be the the to one, less. We need establish in we’re expect terminals the this in this to the the or turn next path we kind put way of first growth operational world. wall fastest Number here and this which sale number the our on very on terms, Paz both to I our countries impending combination our the of about with leading infrastructure of extraordinary power in are andNicaragua this our that acquiring of of Meaning think growing is in in of days it logistical happen. the the firmly Brazil, which targets to all of make one we’ve this world as two, that building to XX the the addition simple total before. talked LNG activity, think
on Number slides we’ve all and that the from then four, made the really MLP the the developments bought the So that our and the LNG. into Fast ships FSRUs equipment basically footprint. we operational
world, our dramatically, integrated increase our changes of operating this actually to simply simple basically provide later, our aspirations about at around some own becoming fully the then the our just but closing substantially. downstream talk revenues use in we’ll businesses cost we midstream business feedstock loop So our lowers and in and length terms, the may
And lastly, thing. So big LNG is Fast Hydrogen a the Initiative.
Nicholson Ken of been We – At said has new a and our So the who in got longtime Hydrogen going his partner that very in sector. commercial a be step Fortress very, CEO to mine. of our real as first activity Initiative. is Josh on actionable
this the of cash so of now it have create generates put all net we in think together $X have company company need We’ll – the we is we of flow. in that. have place work of pieces is excess billion a that simply we in that free the to the And just it’s a to and all kind matter do
looking announced we’ve now beginning the first last to ability grow got actionable the And that of substantially. commercial the have year. for been that With FLNG, this we we at the since initiatives we’ve – hydrogen
So it’s a lot to talk about.
number to Page So let’s flip X.
in of the We Nicaragua, Sandino, photographs La La will these in are extremely that along Puerto Paz replaced and renderings are we that are in one. probably with terminals – all, renderings actual early These First next in August under in moving Investor be host Paz. well. Day the the an both construction will
get first we’ll to. I that down the that’s that think one
So Josh coordinate if terminal order obviously as there. from of you’re be the trip of ISO we for place. something bottom same the operations well the committed to turbines that are is us. our think now – X.X in COVID footprint The the little the seeing go volumes in close day does the under volumes this X in forward the up gallons down million the a is happening were we page that, things near-term will interested in that Flex in a that’s La Puerto What gallons. approximately to to very in per but in Sandino, move control terms million stuff help of might with bit, that, seems us be but logistics Paz
big volumes, volumes, committed and it’s So up the discussion a XXX,XXX. another step on
from volumes existing X the about total up terminals, gallons. our takes it just So to five million
our So X, number step production it’s roughly what is now. a right doubles big Brazil. that Page
team the up first on in development line Brazilian here be to quarter expect be the of actually by Sunday. had week, we Brazil punch We year. I’ll this So terminals the online next is Brazil, the
activity went been work acquiring there’s a of that us But years there’s these lot there. into prior terminals, So to Hygo. from of
on are to we of of culminate process the on just going and Now these And these first have started – timeline year. turning a assets. that’s turning in next commercializing into actual the that part terminals
You short in of very, are portfolios with period of can in the a even these out see commercialization very that time expect the side, the bottom, volumes we dramatic.
North, anchored in LOI to a end in companies the the So part Catarina of signed really there’s scheduled by Brazil part distribution the Santa our turned country, middle will of will South, of we of on in the power the in the easternmost for a that. outstanding be by year. which to number Barcarena the tend be in is be Suape plant, own It’s XX that next with productive terminals got terminals we’ll potential a expected detail to is a add we very, and from the us. very gallons Amazon tremendous looks over serve million give think us Norsk Page for Hydro, existing basin. footprint to volumes. the terminal us. But X, we be up huge a bottom our Brazilian plus of what terminal line, that this like
So those that scheduled gallons Rico million be any X event million here first will maintenance year, normalized down takes a took volumes day per day a where day was gallons literally ending quarter that that of produces in up to Puerto X.X up on us Brazilian of the roughly gallons. lot is million big step there. Mexico then frankly, X.X And come of And there’s million a with next volumes step and Terminal XX.X and Those volumes. these as that substantially then Sergipe gallons. Nicaragua, upside year this the
can the to of how Brazilian volumes of and So it’s of this significant that the see top a beginning, is volumes addition but assets generates hard as you I substantial overstate margins. said our this existing at to, the on amount step
Page FLNG looked you before, the is X, we’ve cartoon side, is if but LNG like Fast a the hand look on a started Some of moment. the basically the that shown floating this business when this. LNG The what you we is at at for left box number on contrast
So coast which of the of bought of of the around assets transaction them. Hilli, Cameroon. there’s one of exist Hygo a the We And is handful deployed XX% half these we off the own world. that
put incredibly like notion news concept. the put dollars develop of to onto or billions good and over stranded it field, is bad cost years basic it takes The it. news. generate a low this, it liquefier the simple ships build So offshore costs LNG. That’s gas an actually to a is ship, a It’s many
just that And keyword don’t look the that rather simply were the later where things in that challenge the all we when things about put yes, add than that much actually and the January can these is you a, faster look we existing we we we like to need. the this answer following b, what And ready and you are down then is can marine two in there’s can that need, in them the do cheaper. a simply hand move, the shipyard you the what use if stripped we’re bottom be do at can the attracted this we is those that infrastructure, rendering to the and it rigs back there, page, where two for they’ll things much timeline And right in gear and ship, we then they to together. achieve. can. onto to bought not to side technical put will things move week. team So that’s us that I The The trying put move
up key is to flip jack we’re think there’s of several timeline rigs, Rigs ships, for semi-submersible of water appropriate on feet suitable we et the of Obviously that the cetera, things showing the this depths other page us deployments. thousands one are for types like kind hit for are infrastructure of the more But are here. on these works feet. really So well. as marine XXX is
we bought of just to our jack-up about working talk these much gas on there’s XXXX, lot two of So and for we we them. project on now a promise first that But very on second. in are I’ll declared side. in rigs, a supply hot that FID heavy March
feel I good about So that.
these team our We is I do major every number gas expect talk place then into year. Page and put day. in XX, gear o’clock complete an it, take of source of the basically at LNG of places looking it incredibly call We on competent. you engaged all this. and And in around place aspects we It literally have commission the us The to of to with X next will and July the at goes roughly where look put days through the the offshore XXXX. and assets be to technical the that end in world. are construction by XX when the gas this about producing
stranded lots lots of there’s former and gas in other. So
target a of Mexico, the Coast is Gulf world there’s obviously, So for Southeast places there’s many Brazil, Coast Asia, us. in Africa, of Mexico, so West gas where West of many, that
to for so trying straightforward the And one. there’s and get lots proof-of-concept And first the one, different I one most we most simply, we we’re suitable find places of can first go. for once the think
more of but is be impact that this that substantial. So to there’ll our updates line the come, earnings is the can have on bottom
Page XX a busy page. So is
all the if the different shows in are assume now, discussion right LNG. volumes, terminals a those this the for the our which $X.X is $X.X simple and terms, billion. take total is what of In to with cost regenerates So that you in simply margins model volumes committed very very,
maybe million can on lower these that about FLNG, million. or $X more X.X of cost more With in we tons $XXX $X certain and is believe But the by cases. we substantially
provided say, gas our us. roughly we solution, illustration, in all would to add if it look, for $X through basically FLNG terminals earnings we just to an billion So of
actually So for us. it, pretty demonstration also of This huge, risk that of of of lot come There’s a gives It diffuses a positive you with to for. clear us, that benefit it we’re is it’s supplies. huge many but to incremental more different what are elements a this. playing
update and I’ll way Ken in page and to of XX, – But this second. just turn and just over review. introduce let’s So by him a
by XXXX. goal had So decarbonize to in our goal the first a emissions basically zero and announced was be we activities a that our year, and company quarter we of last
suitably or So application. there talk said, we creating that got issues one, a look phone this far of kind lines, of view, kind to aggressive technologies, out we with. sustainability we’re viable simply believe very goal, aggressive sustainability towards then given goal And viable that the and very, in activity a really I what ball just if from a the investing can go at commercial create world. may is that going can that a my around commercially have more strongly VC comes open with that people, a actually commercially may to now not to see we’ve than ahead in advance We profitability. can technologies the options our
green that did has businesses, hydrogen, investment not make in in my then But we are electrolyzer an made we an we green Israel based hydrogen So think opinion promising. today and the in commercially in company investment viable. got
of the our Fortress that I fuels. many formed I think actually big supportive the Parks, lies XX, And that Zero mine years, And year, clean about But today, billion atmosphere a optimistic opportunity business. believe that, the initiatives business. government’s greenhouse of are for renewable And to And change. be released today been think And announcing tons great. now actionable partner will hydrogen the that are focus going you there’s look initiatives. CEO that to tons of of two XX is this green be is company for initially that. fuels, have of has because XX we to Ken we reason at we’ve in with every infrastructure got He to very Nicholson and that going COX. we’re picture be going so in the different Page gases be billion on a that’s
So COX, X% market less The of XX are the around annually gas barrels greenhouse is from fuels. the world, clean. than itself billion Of all is the there’s comes or vast renewable that roughly of majority XX% fuels is COX. of from the
into we fuel is carbonization big but basically. see you no to right opportunity replace absolutely, is chunk Because harm it clean sort Clean – the is different and of So keeping from this are One, now different a The it fuel pathways. and big as business, a is. do for more turn which take renewable recycling renewable you’re decarbonizing fuels, chunk way gigantic. to simply market opportunity, clean and the tack with is fuel. That’s two not that repurpose you’re exists renewable of the a fuels simply taking all. happening, a what at of the
based. based it really Hydrogen in means, clean is hydrogen way. clean producing So a
for created one COX is capturing hydrogen emissions. so no absolutely creating but So one again, part by There renewable as you’re green is hydrogen is Blue that of power, where there’s which is it. using you hydrogen. that definition, process, created are is essentially
green. but emission standpoint, clean, an just it’s So like
turn about And to our just flip initiative give over and that, maybe you yourself Ken. with XX, And if these Page So to Ken and introduce are our of two a paths. me let it background bit then talk here.