Freeport LNG Unit Faces Month-long Outage
U.S. liquefied natural gas (LNG) company Freeport LNG said on Friday it expects one of three liquefaction units at its Texas plant will be out of service for about a month after it faced a technical issue during last week's Arctic freeze.This shutdown was the latest in a series of incidents at the plant since it exited an eight-month outage from June 2022 to February 2023 following a fire and explosion.Since April, at least one liquefaction train at the plant has shut or tripped - sometimes several times…
Regulators Green Light Freeport LNG to Return Ship Loading at Texas Plant
U.S. federal energy regulators on Thursday approved Freeport LNG's request to return ship loading to service at its long-idled Texas liquefied natural gas (LNG) export plant.Freeport, the second biggest U.S. LNG export plant, shut after a fire in June 2022. The energy market expects gas prices to rise once the plant starts producing LNG again.When operating at full power, Freeport can turn about 2.1 billion cubic feet (bcf) of gas into LNG each day. That is about 2% of total U.S.
Freeport LNG Says Texas Plant Repairs Completed
Freeport LNG, the second-largest U.S. liquefied natural gas exporter, on Monday said it had completed repairs to its Texas plant and asked U.S. regulators for permission to take early steps to restart the fire-idled facility.The closely-held liquified natural gas (LNG) company's export facility was knocked offline by a fiery blast on June 8 and barred from resuming production until federal regulators completed an extensive safety review and approved resulting changes.Freeport LNG sought permission to begin introducing LNG into the plant's piping system…
Freeport LNG to Miss Restart Target for Fire-damaged Texas Export Plant
The owner of the second-largest U.S. liquefied natural gas (LNG) export plant has not yet provided regulators with a final repair plan, according to a person familiar with the matter, likely pushing any restart into the first quarter of next year.The outage since a fiery explosion in June has underscored the global demand for new gas supplies and required major LNG traders and customers of the roughly 16 million tonne per year processing facility to buy replacement cargoes at huge markups.Freeport LNG had pledged in August to restart gas-processing by early to mid-November…
Minister Says Bahamas Maritime Industry Can Expand
Speaking at a worship service marking the beginning of a week of activities to celebrate World Maritime Day, Maritime and Labour Minister Dion Foulkes indicated he believes the maritime industry can significantly expand to rival the financial services sector once opportunity is taken to tap into its potential. Minister Foulkes said The Bahamas has a healthy climate for Maritime Affairs, and it is his Ministry's responsibility to see that it remains. Minister Foulkes indicated that The Bahamas takes pride in its International Ship Register which ranks third in the world, boasting of more than 45 million gross tons and is the premier register for cruise and passenger ship fleet. [Source: The Freeport News]
