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Freeport Restart Uncertain as Power Outages Continue After Beryl — Three Things to Know About the LNG Market

Team_HydrowavBy Team_HydrowavJuly 11, 2024No Comments1 Min Read

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NO. 1: The Freeport LNG Development LP terminal on the upper Texas coast remained offline on Thursday for the fifth day in a row since it was shuttered on Sunday ahead of former Hurricane Beryl.

CenterPoint Energy Inc., which provides nearly 700 MW for the facility, reported that nearly 40% of its customers in Brazoria County, where Freeport is located, were still without power. CenterPoint’s restoration map showed early Thursday that post-storm assessments were completed on Quintana Island, home to the terminal, but electricity had not been restored there.

Freeport nominated 100 MMcf of feed gas on Thursday, lower than the 150 MMcf nominated the day before. The 2.1 Bcf/d facility had nominated 1.6 Bcf before it was shut down Sunday. Kpler vessel-tracking data on Thursday still showed five ships offshore near Freeport.

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