JPS claims US$33 million from NFE; gas supplier counters with US$7.2-million claim
Updated 11 hours ago
JPS claims US$33 million from NFE; gas supplier counters with US$7.2-million claim
Power utility Jamaica Public Service Company (JPS) and gas supplier New Fortress Energy (NFE) are locked in arbitration over a fuel-supply dispute worth a combined US$40 million (J$6.3 billion), with both sides pointing to a breakdown in operations at Montego Freeport as the root of the conflict. The outcome could carry implications for electricity consumers and future energy suppliers alike.