Freeport Lng

Freeport LNG is now accepting more than 1 Bcf/d of feed gas, helping send total deliveries to U.S. export plants above 14 Bcf/d over the weekend for the first time ever. The Freeport terminal on the upper Texas coast has been ramping back up after federal regulators authorized partial service to resume at the facility…

Natural gas futures forged higher for a sixth consecutive session on Wednesday as traders focused on weakening production and forecasts for chilly March conditions. The April Nymex gas futures contract settled at $2.811/MMBtu, up 6.4 cents day/day. May rose 8.0 cents to $2.943. At A Glance: Analysts see storage pull in 70s Bcf Mid-March forecasts…

Freeport LNG Development LP this week asked federal regulators for approval to begin commercial operations from Train 1. “Freeport has performed a full pre-startup safety review of Train 1, identified and completed corrective work necessary to be able to safely restart the unit, and is ready to commence activities to safely restart Train 1, beginning…

Natural gas futures strengthened midweek as the ramp-up of full operations at a key export facility combined with the potential for March cold to support the market. With technical trading likely aiding the rally, the March Nymex gas futures contract settled Wednesday at $2.174/MMBtu, up 10.1 cents on the day. April futures climbed 12.1 cents…

Freeport LNG Development LP on Tuesday won approval from federal regulators to restart commercial operations and said it would ramp up to 2 Bcf/d of production, enough to meet its long-term contracts in the coming weeks.  The Federal Energy Regulatory Commission authorized full service to resume on two liquefaction trains eight months after an explosion…

Spot gas prices were range bound across most of the country during the Feb. 13-17 trading week, but there were some big movers as temperatures plunged into the country’s midsection and headed east. NGI’s Weekly Spot Gas National Avg. climbed 14.0 cents to $2.825. Futures action failed to inspire similar strength. By Friday, prices had…

Natural gas futures ended the week on a high note, boosted by a brief blast of cold air sweeping across the central and eastern United States. The March Nymex contract settled Friday at $2.514/MMBtu, up 8.4 cents from Thursday’s close. April futures climbed 11.5 cents to $2.607. At A Glance: Production back near record highs…

A roundup of news and commentary from NGI’s LNG Insight: An LNG vessel arrived at Freeport LNG’s loading dock for the first time since a June fire knocked the Texas facility offline. Chartered by BP plc, the Kmarin Diamond was towed into the facility around 1:30 p.m. Friday, according to data from Kpler. The vessel…

A roundup of news and commentary from NGI’s LNG Insight  FERC on Thursday granted Freeport LNG Development LP’s request to resume loading cargoes from one of its docks.  The plant has not been cleared to restart operations. The approval is one in a series that must occur before LNG production and shipments may resume after…