Freeport LNG last week notified the Texas Commission on Environmental Quality about the occurrence of venting to the liquefaction flare. This indicates that the plant would soon begin the restart activity of its liquefaction trains. All of the plant’s three trains with a combined capacity of 15 million tons/year were put offline after Hurricane Nicholas knocked out power in the region on September 14. The company, however, did not disclose whether its provider had restored power supplies to the facility or when it would resume LNG production.
Freeport LNG’s outage came amid a supply tightness which has pushed prices to record high in Asia and Europe. However, market participants expect the impact to be limited as five other US LNG plants operated at or near full rates. An industry survey showed US LNG feedgas demand totalled 9.82 Bcfd on Friday, rising from 9.03 Bcfd on Thursday.
