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Puerto Rico's Energy Crisis Deepens with LNG Contract Dispute

OilPrice.com Tuesday, 15 July 2025 ()
Weeks after New Fortress Energy rallied on news of a temporary contract extension for LNG supply to Puerto Rico, Bloomberg now reports the island has idled temporary power plants after the company abruptly halted a critical gas shipment, raising the risk of power outages at the peak of summer demand. Puerto Rico Energy Chief Josue Colon slammed the LNG shipment cancellation as "unjustified," disputing New Fortress's claims of being owed millions of dollars since 2020. With 10 out of 14 temporary generators offline and the rest running on expensive,…
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