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prima:These are the conditions the Financial Oversight Board stipulated to approve New Fortress Energy contract

The agency’s communication revealed, for example, that the price of fuel would be reduced if a gas pipeline is built from San Juan to Palo Seco

November 30, 2025 - 10:22 PM

The FOMB ruled that the term sheet must be amended to allow other companies to supply fuel in the event that NFE is unable to meet its deliveries. (Xavier Araújo)

After months of negotiations, finger-pointing and reviews, the Financial Oversight and Management Board (FOMB) granted a conditional endorsement of the seven-year contract with New Fortress Energy (NFE) to continue supplying liquefied natural gas (LNG) to the San Juan and Palo Seco plants.

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