Commodities and Futures News

U.S. approves LNG shipping waiver for Puerto Rico after hurricane

2022.10.17 00:17



© Reuters. FILE PHOTO: People walk on a street affected by the passing of Hurricane Fiona in Penuelas, Puerto Rico September 19, 2022. REUTERS/Ricardo Arduengo/File Photo

WASHINGTON (Reuters) – The Biden administration late on Sunday approved a waiver of U.S. shipping rules to address Puerto Rico’s urgent need for liquified (LNG) after Hurricane Fiona.

The Homeland Security Department issued a waiver of the Jones Act, a century-old law that requires goods moved between U.S. ports to be carried by U.S.-flagged ships “to address Puerto Rico’s needs as recovery efforts from Hurricane Fiona continue,” the department said.

In late September, the department approved a Jones Act waiver to ensure Puerto Rico had “sufficient diesel to run generators needed for electricity and the functioning of critical facilities.”



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