Freeport LNG plans to raise production 10% by June
(Reuters) - Freeport LNG said that it will increase its production of LNG at its Texas facility by June and is working on installing additional compressor capacity across its three trains.
After the maintenance work, Freeport’s production capacity will increase by 10% from 15 MMtyp just over 16.5 mtpa roughly by June, a company spokesperson told Reuters in an email.
"Additionally, Freeport LNG’s train 4, which has received all regulatory approvals, will add an additional 25% LNG production capacity, when that train becomes operational," they added.
On Monday, Freeport said that train 1 was operating but would not comment on Tuesday on the status of trains 2 and 3. Energy traders and other market sources have said trains 2 and 3 were down for maintenance.
Each liquefaction train at Freeport can turn about 0.7 billion cubic feet per day (bcfd) of gas into LNG.
Freeport, one of the largest U.S. operators of LNG export terminals, experienced a significant fire in 2022.
The United States was the largest exporter of LNG globally in 2023, according to the U.S. Energy Information Administration, and was also the largest exporter of LNG to Europe.
Related News
Related News
- Credit Agricole says it will not fund two major LNG projects
- Shareholders’ Resolution: MOL to pay $668-MM dividend
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Japan's JERA suspends output at 4 gas-fired power plants to secure LNG stocks
- TotalEnergies: Papua LNG project requires 'more work' to reach final investment decision
- Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy
- Shell publishes Energy Transition Strategy 2024
- QatarEnergy to charter 19 new LNG vessels expanding fleet further
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Mabanaft announces successful acquisition of WESTFA Energy GmbH
Comments