Free Trial

Freeport Cancelled Up To Four March Shipment On Restart Issue

LNG

The Freeport LNG export plant has cancelled up to four cargoes scheduled for March, after one production train was damaged during start up according to Reuters.

  • Freeport was also forced to load less gas than planned on another vessel over the weekend.
  • Part of one of the production trains was damaged during restart earlier this month, curbing output, people with knowledge of the matter said on Tuesday.
  • The facility has still ben exporting at reduced rates and the plant still required approval to resume other parts such as one of the tanks and its second dock.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.