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What happened to Freeport LNG?
Courtesy of Maribel Hill/via REUTERS/File Photo June 14 (Reuters) - Freeport LNG, one of the largest U.S. operators of liquefied natural gas export terminals, on Tuesday said damage from last week's fire at its Texas plant would keep it fully offline until September with only partial operation through year end.Will Freeport liquefied natural gas go out of business?
LONDON, June 14 (Reuters) - Freeport LNG, operator of one of the largest U.S. export plants producing liquefied natural gas (LNG), said on Tuesday that last week's fire damage to its Texas plant would keep it fully offline until September with only partial operation through year-end, raising the risk of gas shortages in Europe.Why did a US LNG exporter halt operations in June?
The second-largest U.S. exporter of LNG halted operations in June after an explosion and fire that helped send global gas prices skyrocketing. A U.S. regulator blamed an overpressurized pipeline for the blast, which sent a fireball over the Quintana, Texas, facility. read moreWhere is a smoke billow from Freeport LNG plant?
[1/2] Smoke billows from the Freeport LNG plant in Quintana, Texas, U.S., June 8, 2022, in this still image obtained from a social media video on June 9, 2022. Courtesy of Maribel Hill/via REUTERS/File Photo