Yet Another Freeport LNG Outage; Blames Local Power Company

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Freeport LNG has become something of a punchline with respect to the frequent outages experienced at the facility. Except, it's no laughing matter. Outages at Freeport have happened so frequently that we've lost count. Wednesday, the facility was offline again, affecting gas flows to (and from) the facility on Wednesday and Thursday. This time, the reason for the outage was that power to the City of Freeport and surrounding communities, including the LNG plant, was out. Which raises the question, doesn't Freeport LNG have a backup generator for times like that? Apparently not. When Freeport goes down, it affects natural gas prices here at home and around the world. Yes, this one facility has that kind of impact.

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