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Freeport LNG Shutdown Due to Hurricane Beryl
USLNG Production Halted Due to Hurricane Beryl (Upstream) Benoît Morenne, Andrew Restuccia (July 10): USLNG terminal operator Freeport LNG has proactively shut down its three-train 15 mtpa liquefaction and export plant in Texas due to Hurricane Beryl. “We proactively ramped down production at our liquefaction facility on Sunday, July 7, ahead of Hurricane Beryl making […]
Industry News – 14 June 2024
Recent USLNG Industry and Select No. American NatGas Industry Developments Texas LNG: Tax Reduction Adds Funding Leeway (Offshore Energy) Dragana Nikše (June 07): Glenfarne Energy Transition’s Texas LNG project has received a county tax abatement, providing financial flexibility for the upcoming construction of the natural gas export facility… Construction is slated to begin later this […]
Weekly Industry Roundup
USLNG Industry and Select No. American Natural Gas Industry Developments Jan. 07-13, 2023 Freeport: Cancels Shipments, Raising Questions on Restart (Bloomberg) Jan. 13: Freeport LNG has canceled some upcoming shipments, adding to the uncertainty over when it will resume shipments… At least two cargoes scheduled to load at the end of Jan. and in early […]
Renewed Optimism: Commercial Talks Pick Up
Renewed Optimism on Long-Term Deals Corey Paul (April 05): Some USLNG developers expressed a renewed optimism that growing interest among world buyers in signing long-term supply deals will boost the prospects for commercially sanctioning new LNG export projects in 2021, following a year marked by a lack of FIDs. More than a dozen LNG developers […]
Freeport, Calcasieu Pass
Latest News Freeport: Buyers Said to Renew Interest In Supplies from Train 4 (S&P Global Platts) Harry Weber and Corey Paul (March 03): CEO Michael Smith said that Freeport LNG has recently seen renewed interest from buyers in long-term contracts tied to Train 4. Smith said the swings showed that the “market is much more […]