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Free AccessFreeport LNG Restart Remains Unclear
Freeport LNG has not yet submitted a request to resume service to the Department of Transportations Pipeline and Hazardous Materials Safety Administration (PHMSA) according to Reuters sources.
- The company had originally committed to becoming operational this month but has failed to mention any restart dates in its latest comments on Friday and Monday.
- Freeport made the comments on Friday and Monday in response to rumors of cracked pipes which it called fake news. They also refused to comment on the other main circulating rumor that the terminal start-up was delayed to December.
- Refinitiv data shows a couple of vessels waiting to pick up LNG from Freeport.
To read the full story
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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.