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Fiscal Board reveals government close to finalizing long-term natural gas contract with New Fortress Energy

On Friday, the agency gave way to another one-week extension to secure the supply while talks are extended

September 14, 2025 - 10:23 PM

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This content was published more than 1 month ago.
On Friday, NFE's share price closed at $1.31, a far cry from the $35.58 peak it reached in 2024. (Carlos Rivera Giusti/Staff)

Regulatory Compliance Services (Recoms), the firm that administers energy bids on behalf of the Authority for Public-Private Partnerships (AAPP), notified the Fiscal Oversight Board (FOSB) that negotiations with New Fortress Energy (NFE) to agree on a long-term contract for the supply of liquefied natural gas are in their final stage.

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