Analysts Now Predict Freeport LNG Not Back Online Until January

The Freeport LNG export facility, located in Quintana Island, Texas (near Houston), experienced an explosion and fire in early June (see Explosion Rocks Freeport LNG Export Plant – Offline for 3 Weeks). The plant has been offline since that time. Plant management previously said it expected to resume operations sometime this month, in November. Indeed, with three LNG cargo carriers parked just off the Freeport coast and a fourth on the way, it certainly appeared the facility was getting ready to restart. But not anymore. While nobody from Freeport is talking on the record (yet), Bloomberg is reporting that Freeport has spoken with customers to let them know the facility probably won't be ready to restart until January.

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