Shutdown Extended of Fire-Damaged Texas LNG Export Site
Shutdown Extended of Fire-Damaged Texas LNG Export Site
Abstract
Freeport LNG expects partial operation to resume in early September at its $13.5-billion liquefied natural gas plant and export terminal in Freeport, Texas, following a June 8 gas leak-triggered fire and explosion. The plant's three liquefaction trains, storage tanks, dock facilities or LNG process areas were affected. No workers were injured. The shutdown has already caused unease in key LNG supply markets. The facility can process 2.1 billion cu-cooled liquid for shipping, and had operated near capacity. The firm did not say how long it will be affected. The company did not return ENR’s request for added comment. According to S&P Global, the incident also could impact the Asian LNG market as buyers compete directly with those in Europe aiming to reach an EU target of 80% gas storage capacity by Nov. 1.