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JERA Expects Freeport LNG Export Schedule On Track For March

LNG

Japan's JERA expects Freeport LNG's production to partially resume in mid-December and its shipments to be fully back by March, President Satoshi Onoda said.

  • “Freeport facilities are expected to be partially restored by mid-December and return to full operation by March", Onoda said.
  • The LNG project is seen to reach a state where about 80% of its supply could be shipped in early January, a JERA spokesperson said.
  • JERA said in October it would book a 110bn yen ($794mn) loss related to the Freeport LNG fire, mostly due to higher costs as it needed to buy alternative fuel from the spot market.
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