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IEEFA Puerto Rico: Proposed Offshore Gas-Import Project Makes Less and Less Sense

IEEFA Puerto Rico: Proposed Offshore Gas-Import Project Makes Less and Less Sense

Little Rationale for a Port Complex That Would Support the Status Quo

In shelving its review of the economic viability of a proposed natural gas import complex off the south coast of the island, the Puerto Rico Energy Commission last week took a policy step in the right direction. The Aguirre Offshore Gas Port (AOGP) would bring additional liquefied natural gas into the commonwealth for electricity generation, […]

Puerto Rico’s Proposed Pivot to Natural Gas Stalls

Wall Street Journal: A $380 million offshore gas project in Puerto Rico is stalling, caught up in the fallout from a $9 billion utility bankruptcy. Excelerate Energy LP gave notice last week it had canceled contracts with Puerto Rico’s electric utility to construct a floating natural gas terminal off the island’s southern coast. The cancellations […]

August 7, 2017 Read More →