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GlobalData on MSNPuerto Rico ceases negotiations on $20bn LNG contract with New Fortress Energy
The decision came after New Fortress reportedly refused to consider amendments to the contract and failed to meet a crucial ...
Puerto Rico has canceled a proposed $20-billion LNG supply deal with New Fortress Energy, raising questions about its energy ...
Puerto Rico is ending attempts to negotiate a multi-billion dollar liquefied natural gas contract with New Fortress Energy Inc. after the company refused to accept the terms of an amended deal, one of ...
Puerto Rico is ending talks to negotiate a $20 billion liquefied natural gas contract with New Fortress Energy , Bloomberg News reported on Wednesday, citing a negotiator.
Thomas Crowley Jr., the third generation to run Crowley Maritime, has figured out how to navigate the U.S.’ protectionist ...
New Fortress Energy's controversial LNG import facility is seen through trees in the nearby neighborhood of Cataño, Puerto Rico. Alexander Kaufman/HuffPost CATAÑO, Puerto Rico — Just before ...
Puerto Rico faces an elevated risk of blackouts after New Fortress Energy abruptly halted a critical LNG shipment, idling ...
Josue Colón, Puerto Rico’s energy czar, said the Financial Oversight and Management Board’s worry that the 15-year contract would give New Fortress Energy a near-monopoly ignores the fact ...
However, Puerto Rico already imports LNG, and has done so for many years — but not from the mainland. In fact, between 2005 and 2015, the island received less than 1% of its LNG imports from the ...
The transition to LNG undermines the renewable energy goals of Puerto Rico. Puerto Rico’s regulators, with support from numerous stakeholders, rejected the idea of an oil-to-gas transition in favor of ...
New Fortress Energy (NASDAQ:NFE) -7.8% in Wednesday's trading after Bloomberg reported that Puerto Rico has ended attempts to ...
Puerto Rico’s sprawling capital, where the vast majority of the territory’s 3.3 million people live, is no stranger to the threat that loosely regulated fossil fuel facilities pose.
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