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Yesterday we brought you the news that it appears the Freeport LNG export facility, down since early June due to a pipeline explosion, won't be back online until early next year (see Analysts Now Predict Freeport LNG Not Back Online Until January). In that post we mused about why it's taking so long to fix a pipe and return the facility to exporting 2.1 Bcf/d of natural gas. Perhaps we now have a better understanding. Yesterday, Freeport issued a press release summarizing the results of a third-party, five-month investigation into what happened and why. The press release is a summary of the "root cause failure analysis report" they got back.
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