Puerto Rico LNG Supply Deal with New Fortress Energy
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Source: Crude Oil Prices Today | OilPrice.com
Puerto Rico's government canceled a proposed $20-billion LNG supply deal with New Fortress Energy after the island's oversight board declined to approve it due to concerns about cost, duration, and long-term fuel dependency. The deal was expected to cover LNG imports for up to 25 years, supplying fuel for the Puerto Rico Electric Power Authority's aging oil- and gas-fired plants. The cancellation
- Status
- Closed
- Sector
- LNG, Power Generation (CCGT), Natural Gas, Oil and Gas, Government
- Location
- Puerto Rico
- Updated
- 22 Jul 2026
- Source
- Crude Oil Prices Today | OilPrice.com
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Project Information
Participants
Sponsoring Agency |
Status
Original status | cancelled |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Puerto Rico's government canceled a proposed $20-billion LNG supply deal with New Fortress Energy after the island's oversight board declined to approve it due to concerns about cost, duration, and long-term fuel dependency. The deal was expected to cover LNG imports for up to 25 years, supplying fuel for the Puerto Rico Electric Power Authority's aging oil- and gas-fired plants. The cancellation leaves a significant gap in Puerto Rico's energy planning and raises questions about the future energy mix and potential new solicitation processes. |
Original sector | Energy |
Budget |
Location
Country | Puerto Rico |
Source
Source | Crude Oil Prices Today | OilPrice.com |
URL |
More Details
Record type | Project |
Sector | LNG, Power Generation (CCGT), Natural Gas, Oil and Gas, Government |
Article published date | 2025-09-16 |
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