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Freeport LNG in Texas starts taking in natgas after Hurricane Beryl
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Freeport LNG in Texas starts taking in natgas after Hurricane Beryl
Jul 11, 2024 11:02 AM

July 11 (Reuters) - U.S. liquefied natural gas (LNG)

export company Freeport LNG's export plant in Texas started

pulling in small amounts of natural gas on Thursday after

shutting on Sunday before Hurricane Beryl smashed into the Texas

coast, according to data from financial firm LSEG.

Freeport is one of the most-watched U.S. liquefied natural

gas (LNG) export plants because it has a history of swaying

global gas prices when it shuts.

The amount of natural gas flowing to Freeport was on track

to reach about 0.1 billion cubic feet per day (bcfd) on

Thursday, up from near zero from July 7-10, according to LSEG

data. Beryl hit the Texas coast on July 8.

In the week before Freeport shut, the 2.1 bcfd plant was

pulling in an average of about 1.7 bcfd of gas.

Despite the increased gas flows to Freeport, feedgas to

the seven big U.S. LNG export plants, including Freeport, was on

track to drop to an 11-week low of 11.1 bcfd on Thursday due to

small declines at other LNG export plants.

That is down from 11.3 bcfd on Wednesday and an average

of 12.1 bcfd over the prior seven days.

Freeport is the nation's third-biggest LNG export plant

behind Cheniere Energy's 4.5 bcfd Sabine Pass in

Louisiana and 2.4 bcfd Corpus Christi in Texas.

Each of Freeport's three liquefaction trains can turn

about 0.7 bcfd of gas into LNG.

One billion cubic feet is enough gas to supply about 5

million U.S. homes for a day.

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