Natural gas futures flipped to gains and losses through midday trading Friday as the market weighed opposing LNG factors. For bears, interruptions to work at the Golden Pass liquefied natural gas project fed speculation about potential delays, while bulls cheered Freeport starting up a third train.

Here’s the latest:

  • June Nymex futures down 3.9 cents to $2.262/MMBtu as of 2:15 p.m. ET
  • Freeport LNG taking 2.01 million Dth/d in Friday’s flows, indicating its third train has started up

Feed gas deliveries to the Freeport facility struggled through spring, but since April 27 have been steadily climbing. On Friday, nominations exceeded an equivalent of 2 Bcf/d for the first time since January, data from NGI’s LNG Export Tracker show.

“The third train has clearly come...