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Freeport LNG Steadily Increasing Production

LNG
Energy BulletsCommodities

The Freeport LNG plant in Texas is steadily increasing production after prolonged maintenance since late January after a deep freeze had impacted one of the trains.

  • The entire plant was shut earlier this month and has struggled to resume, facing another production outage last week.
  • The facility is working to get its second production train fully up and running, according to Bloomberg sources.
  • Pipeline gas flows to the plant are expected to rise by nearly 30% on Tuesday to the highest level in three weeks -indicating that more than one train is functioning according to BloombergNEF data.
  • Freeports CEO said in March that maintenance at the facility would be concluded by early May.

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The Freeport LNG plant in Texas is steadily increasing production after prolonged maintenance since late January after a deep freeze had impacted one of the trains.

  • The entire plant was shut earlier this month and has struggled to resume, facing another production outage last week.
  • The facility is working to get its second production train fully up and running, according to Bloomberg sources.
  • Pipeline gas flows to the plant are expected to rise by nearly 30% on Tuesday to the highest level in three weeks -indicating that more than one train is functioning according to BloombergNEF data.
  • Freeports CEO said in March that maintenance at the facility would be concluded by early May.

Keep reading...Show less