Freeport LNG Development LP
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Japan’s JERA Secures LNG Supply in $2.5 Billion Freeport Deal
Japan’s JERA Secures LNG Supply in $2.5 Billion Freeport Deal
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New Financings
Freeport LNG Development LP and Westbourne Capital jointly announced the…
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News
Freeport LNG in Texas Resumes Exports as Gas Processing Ramps Up
Freeport LNG has resumed shipments after shutting operations ahead of Hurricane Beryl, with processing on track to reach about half its capacity on July 22
Post-Beryl: US LNG Exports Down While Tankers Await Freeport LNG’s Reopening
Partial restart on Freeport LNG is anticipated later this week. Meanwhile, the port itself remained closed July 15 to LNG tankers and others with drafts of more than 39 ft.
E&P Highlights: July 15, 2024
Here’s a roundup of the latest E&P headlines, including Freeport LNG’s restart after Hurricane Beryl and ADNOC’s deployment of AI-powered tech at its offshore fields.
Over 1 Million in Texas Without Power, Freeport LNG Restart Pending After Beryl
The slow restoration of power continues hindering some companies' efforts to quickly return operations to normal, especially around Freeport, one of Texas' largest energy hubs.
Freeport LNG Readying Operation Restart After Hurricane Beryl, Sources Say
The facility is not expected to resume shipments of LNG until the port of Freeport, which is operating under vessel transit restrictions, fully reopens.
Gulf Coast Ports Slowly Reopening to LNG After Beryl Strikes
With more than 2 million without power in the Houston area following Hurricane Beryl’s July 8 landfall, and little information on outages from CenterPoint Energy, a workaround can be found using the Whataburger app.
Segrist: The LNG Pause and a Big, Dumb Question
In trying to understand the White House’s decision to pause LNG export permits and wondering if it’s just a red herring, one big, dumb question must be asked.
Report: Freeport LNG Hits Sixth Day of Dwindling Gas Consumption
With Freeport LNG operating at a fraction of its full capacity, natural gas futures have fallen following a short rally the week before.
US NatGas Flows to Freeport LNG Export Plant Drop Near Zero
The startup and shutdown of Freeport has in the past had a major impact on U.S. and European gas prices.
EQT’s Toby Rice: US NatGas is a Global ‘Decarbonizing Force’
The shale revolution has unlocked an amazing resource but it is far from reaching full potential as a lot more opportunities exist, EQT Corp. President and CEO Toby Rice said in a plenary session during CERAWeek by S&P Global.
Freeport LNG Says Trains 1, 2 at Texas Facility May Shut Until May
Freeport LNG on March 20 said its Train 2 liquefaction unit at the Texas plant has been shut down, while Train 1 will be taken down imminently as it expects inspections and any subsequent repairs at both the units to be completed by May.
Freeport LNG's Feedgas Usage Falls Again
Natural gas flowing to Freeport LNG's Texas facility was down to 758 MMcf on March 11 from 1463 MMcf on March 3, LSEG data showed.
US Expected to Supply 30% of LNG Demand by 2030
Shell expects the U.S. to meet around 30% of total global LNG demand by 2030, although reliance on four key basins could create midstream constraints, the energy giant revealed in its “Shell LNG Outlook 2024.”
Freeport LNG Down One Train After Texas Freeze
Freeport LNG’s 15 mtpa three-train export facility on the Texas Gulf Coast will be without its Train 3 for at least one month, due to an electrical issue during the recent Texas freeze.
Freeport LNG Seeks to Restart More of Export Plant in Texas
In a filing made available late Oct. 2, Freeport asked the U.S. Federal Energy Regulatory Commission to authorize the steps needed to return the plants second dock to service.