Page 11 - GLNG Week 12 2023
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GLNG AMERICAS GLNG
Freeport LNG experiences rocky restart,
cancels several March cargoes
US FREEPORT LNG has cancelled up to four LNG for the terminal to restart two of the company’s
cargoes scheduled to be delivered in March as three liquefaction trains. Train 1, the remaining
The Texas-based LNG the US’s second-largest export plant encounters train, was given approval to restart operations in
terminal’s journey bumps on its road back to full production after March, although it suffered a small hiccup earlier
back to producing at an eight-month long outage, Reuters reported this month reporting problems with a feed gas
full capacity has been on March 22. valve. Similarly, Trains 2 and 3 were also offline
hit with a plethora of The Texas-based LNG terminal’s journey briefly in March as a result of an electrical trip.
setbacks. back to producing at full capacity has been hit Although demand for LNG in Europe has
with a plethora of setbacks. In addition to the slumped in recent weeks as a result of recent
cancelled shipments, another vessel was loaded milder than expected winter combined with
with a lower amount of the super-chilled gas high inventories. However, experts believe
than was originally planned. demand could rise in the coming weeks as a
Knocked offline by a fire and subsequent result of growing Chinese demand as the coun-
explosion in June 2022, the company has stated try’s industrial output expands following the eas-
that changes in feed gas flows and production ing of Covid-19 restrictions. Forecasts of a hot
rates must be expected given the facility’s lengthy summer are also likely to drive up demand for
outage. Nevertheless, company officials remain LNG globally.
optimistic that the facility will return to full pro- Operating at full capacity, Freeport can
duction over the next several weeks. produce about 2.1bn cubic feet (59.4mn cubic
In February, the US Federal Energy Regula- metres) per day, amounting to 15mn tonnes per
tory Commission (FERC) gave the green light year (tpy).
Week 13 30•March•2023 www. NEWSBASE .com P11
