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Freeport Feedgas Consistent with Attempts to Start Second Train

LNG

Freeport LNG loadings resumed this week, adding support for U.S. natural gas prices after the Beryl closure led to around 10 cancelled cargoes through August.

  • Axios II and GasLog Wales left the plant laden on Sunday and Monday respectively according to various vessel tracking outlets.
  • ICIS said late on Monday that feedgas data is consistent with the operation of one train.
  • ICIS analyst Ed Cox said on Monday “We see further increases in feedgas into the plant, nominated at just over 1bcf today, which would be close to the level required to operate two trains.”
  • Freeport had said on July 15 that Freeport will restart trains 2 & 3 “shortly after” train 1 resumes. Production levels after the restart will be at reduced rates for a period of time as repairs continue, it added at the time.
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