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
Gold sell
Period: 31.10.2026 Expectation: 4000 pips
Go short on gold with $4,300 in mind
Today at 04:54 AM 11
Period: 31.10.2026 Expectation: 100 pips
Buy Brent crude upon breaking $104.60
Today at 04:54 AM 11
Period: 02.11.2026 Expectation: 1700 pips
GBPUSD sell-off targets 1.3200
22 September 2026 28
Period: 31.10.2026 Expectation: 300 pips
Buying AUDCAD with 1.0000 in sight
21 September 2026 28
Period: 31.10.2026 Expectation: 700 pips
Invest in USDJPY up to 157.70
21 September 2026 26
Gold sell
Period: 31.10.2026 Expectation: 3000 pips
Gold sell-off targets $4,000
18 September 2026 49
Go to forecasts