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U.S. LNG exports flat despite Freeport LNG partial restart

From xm.com

U.S. exports of liquefied natural gas (LNG) were flat last month at 6.84 million tonnes, shipping data showed on Thursday, even as a long-idled Texas processing facility began shipping the fuel during an ongoing restart. Freeport LNG's Texas plant, the second-largest LNG export facility in the United States, began resuming some processing and export operations in February following an eight-month outage caused by a fire. Refinitiv Eikon data showed on Thursday that the plant is on track to pull in about 1.2 billion cubic feet per day (bcfd) of natural gas from pipelines, a sign it likely started the second of its ... (full story)

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  • Category: Fundamental Analysis