The agreement has been extended from December 15, 2025, to January 9, 2026.
“During the forbearance period, NFE expects to continue to advance the completion of its restructuring with the company’s stakeholders,” the company said.
NFE did not provide further information.
Last month, NFE signed the agreement, and the due date for interest payments scheduled for November 17, 2025 had been effectively extended to December 15, 2025.
The company also said in an SEC filing that it has entered into the twelfth amendment to its letter of credit agreement, dated July 2021.
“After giving effect to the twelfth amendment, the commitments under the letter of credit agreement will remain at approximately $195 million,” NFE said.
While working on its financial issues, NFE recently secured final approval from the Financial Oversight and Management Board of Puerto Rico for its long-term LNG supply deal.
The contract secures the delivery of approximately 75 TBtu of natural gas to support the island’s ongoing energy transformation initiatives, NFE said.
In September, NFE reached an agreement on contract terms with the Third-Party Procurement Office and PREPA for the long-term supply of LNG to Puerto Rico.
Pricing of the volumes supplied through the GSA is set at a blend of 115 percent of Henry Hub plus $7.95/MMBtu, excluding natural gas supplied to the units at San Juan 5 & 6 (which has historically consumed ~20 TBtu per year), the firm said.
Instead, these volumes are priced at 115 percent of Henry Hub plus $6.50/MMBtu.
The volumes under the GSA are expected to be supplied by LNG produced from NFE’s 1.4 mtpa Fast LNG facility located offshore Altamira, Mexico.
