Kmarin Diamond
In a complete and total surprise, S&P Global Commodity Insights is reporting the very first post-explosion cargo of LNG exports has left the Freeport LNG facility along the Texas Gulf Coast and is en route to Port Said (Egypt). The BP-chartered Kmarin Diamond departed Freeport yesterday morning around 7:30 am. But (and here's the big but)...don't get your hopes up that this restarts a steady stream of ships departing from the Freeport facility. S&P says Freeport used supplies that were already in its storage tanks when the explosion and fire forced the terminal offline in June 2022. So this load was from LNG that's been sitting around for eight months. When will more ships load up newly liquefied LNG at the facility?
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