NYMEX Gas Price Slips Due to Lower Feedgas to Freeport LNG

Based on comments in two different Reuters articles published yesterday, the Freeport LNG export facility is again experiencing an outage. It appears to be a partial outage. Freeport, in typical tight-lipped fashion, refuses to say anything. According to Reuters, flows to the 2.1 billion cubic feet per day (Bcf/d) Freeport facility were on track to drop to 1.4 Bcf/d yesterday, down from 1.6 Bcf/d on Sunday and an average of 2.1 Bcf/d over the prior seven days. Here we go again.

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