Surprise! Freeport LNG Exports Shut Down Due to Hurricane Beryl

We began our headline with the word "Surprise!" because, well, nobody is surprised that Freeport LNG is, once again, down. That has been the theme since it began to operate. We’ve tracked the up down up down up down situation at Freeport LNG since it came online in 2019. Freeport was mostly offline this year following an episode of cold temps in January (see Freeport LNG Repairs Won’t be Done Until May – 2 Trains Offline). Freeport announced that two of its three trains (Trains 1 and 2) would remain out of service for testing and repairs through May. Train 3 came back online in late March, but just as quickly, it went down again. Then came back up. Then went down. Etc. So it will be no surprise to learn that as Hurricane Beryl took aim at the Texas Gulf Coast, Freeport preemptively shut everything down, again. As of yesterday, it was still shut down, which took the total U.S. LNG output from 13.1 Bcf/d on July 6 to 11.1 Bcf/d yesterday.

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