Freeport LNG Not Expected To Resume Full Operations Until Late 2022

Freeport LNG will not resume full operations at its liquefication plant on Quintana Island until the end of this year, according to the company’s Tuesday press release. While China’s LNG demand may be calming the hot LNG market, news that Freeport LNG’s Texas plant will not resume full operations until late 2022 may upset the market.

“At this time, completion of all necessary repairs and a return to full plant operations is not expected until late 2022,” Freeport LNG said, adding that partial operations could be resumed…