22 November 2022 | Other

December restart of Freeport LNG export plant in USA is in doubt

Freeport LNG has yet to seek permission from the U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) to restart operations at the Texas plant, as reported by a source familiar with the matter. Given this data, the customers raised doubts that the facility may not return to service by the end of the year. 

On Friday, Freeport LNG officials announced plans to restart partial gas processing at the plant by mid-December. They had previously reported the LNG exporter would shut down its export facility to complete repairs following a June fire. 

According to the company officials, proposed remedial work activities for a safe restart of initial operations has been filed and U.S. regulators will review and approve the request.

The U.S. LNG export facility is likely to return to service after they get an approval from PHMSA. 

The procedure usually takes at least a month. However, it could be delayed as U.S. holidays are approaching, according to an analyst.

Company MarketCheese
Period: 26.03.2026 Expectation: 7000 pips
Buying BTCUSD with $79,000 in sight
Today at 11:05 AM 2
Period: 31.03.2026 Expectation: 800 pips
AUDCAD selloff targets 0.95400
Today at 11:01 AM 1
Period: 31.03.2026 Expectation: 500 pips
Investing in USDCAD up to 1.37100
Today at 11:01 AM 1
Period: 12.03.2026 Expectation: 1490 pips
Intervention threat makes USDJPY selling compelling
Today at 07:17 AM 10
Gold buy
Period: 11.03.2026 Expectation: 150 pips
Gold stands firmly at $5,100
Yesterday at 11:34 AM 51
Period: 11.03.2026 Expectation: 875 pips
USDCAD turns lower at channel ceiling
Yesterday at 11:25 AM 25
Go to forecasts