April 23, 2024 14:43 GMT
Hammerfest LNG Offline Until at Least Friday
LNG
The Hammerfest LNG plant in Arctic Norway will be offline until Friday at least according to operator Equinor.
- Production at the facility had already been halted because of ongoing maintenance, limiting the direct impact of today’s leak.
- In a market message posted on Tuesday afternoon, Equinor said that Hammerfest LNG will be offline until 1200 local time (1000 GMT) on April 26, citing a gas turbine failure. The duration of the outage is subject to revision.
- The facility accounts for 6.5bcm per year or 5% of all Norwegian gas exports.
- The headlines offered support for TTF during European morning trading but has since slipped as severity concerns have eased.
- TTF MAY 24 down -2.3% at 28.63€/MWh
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