Freeport LNG Development LP said Tuesday the third train at its export facility on the upper Texas coast would be offline for another two weeks, extending a month-long outage and providing support for European natural gas prices. 

Spokesperson Heather Browne told NGI on Tuesday that the company is working to finish motor repair work after freezing temperatures in January caused electrical issues and knocked the train offline. At the time, Freeport said it expected the unit to be down for at least one month. 

The news reversed declines seen earlier in the day for European benchmark Title Transfer Facility (TTF) prices. The April contract finished Tuesday 2% higher and held onto gains made Monday. 

However, weak global gas fundamentals have TTF trading below $8/MMBtu at prices...