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: 29.08.2026 Expectation: 200 pips
Selling natural gas down to $2.50
Yesterday at 11:46 AM 20
Period: 05.08.2026 Expectation: 1350 pips
EURUSD is poised to test upper boundary of descending triangle before Fed announces its rate decision
Yesterday at 09:22 AM 39
Period: 05.08.2026 Expectation: 1700 pips
Buying USDCAD before Fed rate decision
Yesterday at 08:17 AM 29
Period: 05.08.2026 Expectation: 750 pips
Sell NVIDIA shares ahead of Fed decision
Yesterday at 06:46 AM 29
Period: 31.08.2026 Expectation: 3600 pips
Sell EURUSD on Fed tightening expectations
28 July 2026 35
Period: 31.08.2026 Expectation: 850 pips
Buying AUDCAD on high yield gap in Aussie’s favor
28 July 2026 36
Go to forecasts