U.S. natural gas futures slid about 2% to a fresh 25-month low on Friday on forecasts for less cold weather and lower heating demand next week than previously expected. That mild weather should allow utilities […]
NEW YORK, Feb 16 (Reuters) – At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to Reuters calculations, developments that would […]
The second-largest U.S. liquefied natural gas (LNG) export facility was knocked offline by a fiery blast last June and operations halted while regulators review operations and staffing. When fully running, Freeport LNG processes about 2 […]
That put the gas contract on track to drop over 63% over the past seven weeks, its biggest seven-week collapse in history after weather in the U.S. Lower 48 states was the second warmest on […]
US natural gas futures erased some losses but still hovered sub $3 per million British thermal units after federal regulators approved Freeport LNG’s request for a partial restart of operations at the liquefied natural gas […]
Freeport LNG Development, L.P. (Freeport LNG) provided an update on the ongoing reconstruction and resumption of operations at its natural gas liquefaction and LNG export facility. The reconstruction work necessary to commence initial operations, including […]
Data source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report Working natural gas stocks reached 3,644 billion cubic feet (Bcf) as of November 11, 2022, according to the Weekly Natural Gas Storage Report, nearly matching the five-year […]
Freeport LNG Development LP is aiming to restart its Texas natural gas export facility in mid-December, spending the rest of the month finishing reconstruction work and fulfilling regulatory requirements. The operator of the 2.38 Bcf/d […]
Freeport LNG has declared a force majeure on LNG exports from its Gulf Coast location until September, Bloomberg sources said on Friday. The company had reported earlier in the week that its Gulf Coast facility […]
Freeport LNG has delayed its target for partial restart by about a month as it works to complete repairs following a June explosion and fire that shut down the Texas liquefaction facility, the company said […]
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