27 January 2023 | Other

Freeport LNG got permission from federal regulators to restart the plant

Federal regulators  approved the reopening of the Freeport LNG natural gas exporter plant in Texas.

However, Freeport has not yet applied for permission to restart its natural gas liquefied lines for export. LNG production will be resumed later with federal approval.

Energy analysts predict that most of the plant's production is going to be suspended until March or later.

The plant was closed due to a pipeline explosion on June 8, 2022. Production could be resumed only after an extensive safety inspection by federal regulators.

The U.S. Federal Energy Regulatory Commission (FERC) and the Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) approved the procedure to cool down some pipeline systems of Freeport.

Company MarketCheese
Period: 24.12.2025 Expectation: 800 pips
NVIDIA stock set to bottom out as bears loosen their grip
Today at 11:33 AM 25
Period: 26.12.2025 Expectation: 600 pips
Correction looms for EURUSD with 1.17 as key target
Today at 11:11 AM 16
Gold buy
Period: 31.01.2026 Expectation: 23000 pips
Bolster gold purchases when it climbs above $4,370
Today at 09:56 AM 27
Period: 31.01.2026 Expectation: 14000 pips
Buying Bitcoin up to $100,000 resistance
Today at 09:56 AM 8
Period: 24.12.2025 Expectation: 800 pips
USDCAD finds support despite negative fundamentals
Today at 07:16 AM 9
Brent sell
Period: 31.01.2026 Expectation: 120 pips
Brent crude selloff targets $58.7
Yesterday at 11:43 AM 36
Go to forecasts