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: 24.03.2026 Expectation: 6000 pips
Investing in Bitcoin as Fed holds steady on rates
Yesterday at 11:50 AM 24
Period: 24.03.2026 Expectation: 500 pips
Buying Brent upon breaching $105 level
Yesterday at 11:04 AM 27
Period: 24.03.2026 Expectation: 1500 pips
Tesla stock selloff takes stage amid rebound following Terafab announcement
Yesterday at 07:29 AM 25
Period: 31.03.2026 Expectation: 3000 pips
Selling GBPUSD with 1.30000 in sight
Yesterday at 06:55 AM 23
Gold buy
Period: 23.03.2026 Expectation: 200 pips
Gold finds footing at $5,000
16 March 2026 55
Gold sell
Period: 23.03.2026 Expectation: 14000 pips
Gold tests key support near $5,000 as Fed decision looms
16 March 2026 40
Go to forecasts