Freeport LNG in Texas Nearing Full Operations as Gas Flows Recover From Outage
(Reuters) — Natural gas flows to Freeport LNG's export plant in Texas were set to rise on Thursday after a power problem during a winter storm forced it to shut on Tuesday, data from LSEG and energy traders showed.
Freeport is one of the most closely watched LNG export plants in the world because the start-up and halting of its operations often cause price swings in global gas markets.
When flows to Freeport drop, gas prices in the U.S. usually decline due to the export plant's lower demand for the fuel, while prices in Europe usually increase due to a drop in LNG supplies available to global markets from the plant.
That is what happened with global gas prices earlier this week.
Financial firm LSEG said the amount of gas flowing to the eight big U.S. LNG export plants had risen to an average 14.8 billion cubic feet per day (Bcf/d) so far in January, up from 14.4 Bcf/d in December. That compares with a monthly record high of 14.7 Bcf/d in December 2023.
On a daily basis, LNG feedgas was on track to rise to 12.7 Bcf/d on Thursday, up from an 11-week low of 11.6 Bcf/d on Wednesday after the 2.1-Bcf/d Freeport shut on Tuesday.
Flows to Freeport were on track to rise to 0.5 Bcf/d on Thursday, up from near zero on Tuesday and Wednesday, according to LSEG data. Over the prior week, flows to the plant averaged around 1.9 Bcf/d.
One billion cubic feet of gas is enough to supply about 5 million U.S. homes for a day.
Related News
Related News

- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Canada’s Canceled Oil Pipelines: The Projects That Didn’t Make It
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- New Alternatives for Noise Reduction in Gas Pipelines
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Enbridge Plans $2 Billion Upgrade for North America’s Largest Crude Pipeline
- South Dakota Governor Signs Bill Banning Eminent Domain for Carbon Pipeline
- Woodside May Delay Final Investment Decision on Louisiana LNG to Q2, CEO Says
Comments