Freeport LNG Outlines Plan for Fourth Liquefaction Unit
Freeport LNG Outlines Plan for Fourth Liquefaction Unit
July 15, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--The ongoing shutdown of Freeport LNG Development LP's 15-million-ton-per-year export facility in Texas will put a sizeable dent in U.S. liquefied natural gas shipments abroad during the second half of the year, according to the U.S. Energy Information Administration's (EIA) latest energy forecast. Amid this situation, Freeport LNG continues to plan for a fourth liquefaction and production train at its Quintana site on the Texas Gulf Coast.
"For the second half of this year, we expect U.S. LNG exports will decline because of the outage at the Freeport LNG export facility, which we do not expect to return to full service until late 2022," according to the EIA's July Short Term Energy Outlook (STEO), which was released on Tuesday.
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