Excelerate Energy, the would-be FSRU provider for Puerto Rico’s floundering floating LNG terminal, still sees a future for the project despite having cancelled its contract with bankrupt public utility PREPA. However, there is no clear timeline for the Aguirre Offshore Gasport (AOGP).
Excelerate confirmed in late July that it had cancelled its contract for a 14.2 million cubic metre per day (MMcm/d) FSRU with PREPA, shortly after US federal officials placed the utility under bankruptcy protection. Puerto Rican authorities criticised both parties...
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