Bankruptcy Judge Tosses Freeport LNG Lawsuit Against 3 Contractors

We’ve been tracking the up down up down up down situation at Freeport LNG (where some Marcellus/Utica molecules flow) since it came online in 2019. Freeport was mostly offline for the first half of this year following an episode of cold temps in January (see Freeport LNG Repairs Won’t be Done Until May – 2 Trains Offline). According to a Reuters story, Freeport experienced “roughly a dozen incidents” by early June. Since that time, things have thankfully improved. However, in June, Freeport and its insurers sued the three contractors that built the facility (see Freeport LNG Sues 3 Contractors for Ongoing Reliability Issues). A bankruptcy judge has just thrown out Freeport's claims. They won't get a dime from the contractors.

---

To view this content, log into your member account. (Not a member? Join Today!)