The US continues to supply more LNG to Europe
Freeport restart boosts US LNG exports
The outage highlighted the tightness of the global LNG market, and its return should help keep a lid on prices
The Freeport LNG export terminal on the US Gulf Coast is back online after about eight months. The plant, where operations were suspended following a fire in June 2022, is receiving feedgas again and has seen the return of tankers ready to load cargoes. Freeport’s restart will be gradual, with consultancy Rystad Energy anticipating that all three liquefaction trains will be back online in March and that the plant will have ramped up to full operations by early April. The facility has the capacity to produce 15mn t/yr of LNG, and as this represents more than 20pc of US export capacity, its return to service is significant. It comes as the US continues to supply more LNG to Europe, which is se
Also in this section
13 January 2025
With Namibia, Guyana and Brazil playing starring roles and important innovations being developed, business as usual has never looked so good
13 January 2025
Regional cooperation over the development of gas resources has the potential to bring peace and prosperity to the East Mediterranean
13 January 2025
Significant expansions are underway in both liquefaction and regasification capacity as LNG firms up its position as a long-term solution for the world’s energy needs
10 January 2025
New Petroleum Economist OPEC+ oil survey sees group improve compliance to ensure oil market stability going into 2025
