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Ichthys LNG Aims to Restart Shut Train Soon

NATGAS

Australia Ichthys LNG export plant is looking to restart its offline train as soon as today, traders told Bloomberg.

  • The train will operate at reduced capacity for a period following the restart, amid repairs.
  • Sources previously said that the facility has already been shut for around a week.
  • A restart at Ichthys will help keep a lid on any bullish sentiment that could build up from lengthy delays.
  • Supply in Asia remains robust, while warmer weather is creating pockets of demand across the region.
  • The market is also keeping watch on the restart at Freeport LNG in Texas as a potential price driver.
  • The Ichthys LNG facility can produce 8.9m mtpa of LNG.
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