Every Week Freeport LNG Delayed Takes 4 LNG Cargoes Off Market
The 2 Bcf/d Freeport LNG export terminal, located in Quintana Island, Texas, has been offline and not producing LNG since June 2022 due to an explosion (see Explosion Rocks Freeport LNG Export Plant – Offline for 3 Weeks). Freeport, which exports some Marcellus/Utica molecules, has changed its estimated restart date multiple times. Earlier this month, Freeport revised its restart date to be the end of January (see Familiar Pattern: Freeport LNG Delays Restart Again, to End Jan.). A week later, sources told Reuters that restart will almost certainly be sometime in February (see Sources Say Freeport LNG Won’t Restart Until End of February). Every week the Freeport facility remains offline removes another four LNG cargo carriers from delivering our LNG to the rest of the world.
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Three different highly-placed sources have whispered to a Reuters reporter that the Freeport LNG export facility, which has been offline since last June, will continue to be offline until at least sometime in February. Are you surprised? We aren’t.
The Freeport LNG export terminal, located in Quintana Island, Texas, has been offline and not producing LNG since June 2022 due to an explosion (see 
It’s that time of year. Typically at the end of a year, or the very beginning of a new year, publications will pontificate on what they predict will happen in the coming 12 months. We’ve seen a number of such articles about the energy space, including some predictions targeted specifically for the Marcellus/Utica. We’ve selected three such articles to share with you–all of them from authors and publications we highly respect.
The Freeport LNG export terminal, located in Quintana Island, Texas, has been offline and not producing LNG since early June due to an explosion (see 
The Freeport LNG export facility maintains it will restart accepting feedgas by the end of December. Following a request by the Federal Energy Regulatory Commission (FERC) to Freeport to respond to a list of 64 questions, we wonder if the plant will make that deadline. We’ve lost track of how many times Freeport, which has been offline since early June following an explosion in the plant, has changed the restart date. Last week the company said the final final final final restart would happen by the end of December (see 
Three weeks ago, Freeport LNG, which has been out of commission since early June, changed the target date it would restart from November to mid-December (see 
From time to time, it’s helpful to revisit our longstanding relationship with Canada with respect to natural gas flowing across the border–both ways. It sounds strange on the surface to say that there are dozens of pipelines that cross our joint border–some flowing gas to Canada (exports), others flowing gas from our neighbors to the north (imports). Why don’t we both just keep our own gas to ourselves instead of swapping? Because in some areas, it makes sense for Canada to produce the gas and ship it to us, and in other areas, the reverse makes sense. Truth be told, Canada’s flows of gas to the U.S. help us maintain supply reliability during the winter months. So says the EIA.
The country of Japan is perenially either the #1 or #2 top LNG importer in the world. The country has virtually no domestic supplies of oil and gas and, therefore, must import what it uses. It’s no secret that Japan and its traders are some of the best in the world. So when Japan says supplies of LNG are getting tighter and that “Procurement [of LNG] can also be said to be in a state of war,” that’s alarming. And sobering. Japan says not enough money is being invested in LNG export projects, and although this year most countries can muddle through, beginning next year, it’s going to be a problem.
In March of this year, the three Democrats who occupy and control the Federal Energy Regulatory Commission (FERC) sent a loud and clear signal they don’t like the Commonwealth LNG plan to erect a new LNG export plant in Cameron Parish, La. due to concerns over so-called environmental justice (see 
The Freeport LNG export facility, located in Quintana Island, Texas (near Houston), experienced an explosion and fire in early June (see