(Replaces reduction with production at second paragraph)
By Curtis Williams
HOUSTON, Jan 27 (Reuters) - Freeport LNG on Monday said
its plant at Quintana Island, Texas, returned to full operations
following an outage last week caused by unstable power from its
provider Center Point Energy.
The third largest U.S. exporter of the superchilled gas
had halted liquefaction production last Tuesday after it said it
was experiencing intermittent power interruptions following
winter storm Enzo, and that its operations would remain offline
until power transmission conditions stabilized.
Freeport is one of the most closely watched LNG export
plants in the world because the start-up and halting of its
operations often cause price swings in global gas markets.
The U.S. is the world's largest exporter of LNG.
When flows to Freeport drop, gas prices in the U.S. usually
decline due to the export plant's lower demand for the fuel,
while prices in Europe can increase due to a drop in available
LNG cargoes.
"Freeport LNG's liquefaction production operations have
safely resumed," a company spokesperson said on Monday.
Freeport was on track to pull over 2 billion cubic feet
(bcf) of gas on Monday, the second consecutive day it has gone
over 2 bcf mark, according to data from financial firm LSEG.
(Reporting by Curtis Williams in Houston and Sherin Elizabeth
Varghese in Bengaluru)