Is Freeport LNG back at full power?

The Freeport LNG export facility appears to be back at full power, with the plant pulling as much natural gas as possible from pipelines. Freeport LNG was shut down in June last year when a fire broke out at the plant and its return was delayed.

Why is Freeport important to the gas market?

Freeport, the second-biggest U.S. LNG exporter, is important to the gas market because prices and demand will likely rise once the plant restarts. Our Standards: The Thomson Reuters Trust Principles.

Does Freeport have a restart plan?

In a filing with the U.S. Federal Energy Regulatory Commission (FERC) on Monday, Freeport asked for permission to put what it called Phase 1 of its restart plan into commercial operation. Phase 1 includes the full restart of the plant's three liquefaction trains, two storage tanks and one LNG loading dock.

Will Freeport gas plant reopen in spring?

With many analysts expecting the Freeport plant to remain shut until spring when demand for gas for heating will decline, U.S. gas futures fell to a 19-month low. Freeport, the second-biggest U.S. LNG exporter, is important to the gas market because prices and demand will likely rise once the plant restarts.