Freeport, Texas returns to full operations
Freeport LNG has applied to return its export facility in Texas to full commercial operation, according to a new regulatory filing filed late Monday, according to Reuters . This happens 8 months after a big fire that completely stopped the plant.
Freeport LNG has asked the US Federal Energy Regulatory Commission (FERC) for permission to proceed with Phase 2 of the Dock 2 restart process: a full return to operations would allow Freeport LNG to process up to 60 million m3/day of gas into LNG.
The second phase of Freeport LNG's restart includes nitrogen cooling of the dilapidated Loop 2 pipeline system and the introduction of hydrocarbons into Loop 2, the regulatory document specifies, adding that a response has been requested by this Friday.
So far, the liquefaction lines, storage tanks 1 and 2 and basin 1 have been put back into service.
Feed gas at Freeport LNG fell three weeks ago to just 284.3 MMcf/d on Sept. 10. The drop in feed gas in Freeport's LNG came as Chevron's Gorgon and Wheatstone plants in Australia began their strike, which was later called off. Freeport was closed for eight months starting June 2022 after a fire. THE
FERC granted Freeport LNG approval to restart certain Phase 1 facilities on February 21 of this year and approved the return to service of Line 1 and the remaining Phase 1 facilities on March 8. But feed gas to Freeport faltered again last month, canceling export cargoes as a result of the slowdown.
Gas markets have been particularly volatile due to Freeport's erratic performance, strikes at some of Australia's largest LNG plants, China's rising gas demand as it seeks to snap up spot LNG cargoes ahead of winter and maintenance of Eureop's gas plants.
This reopening should reduce tension on European markets, which should obtain sufficient coverage from US liquefied gas. Countries with sufficient regasification facilities should be more relaxed next winter.
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The article Freeport (Texas) returns to full operations comes from Economic Scenarios .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/freeport-texas-torna-alla-piena-operativita/ on Wed, 04 Oct 2023 10:29:36 +0000.