Freeport LNG's feedgas usage falls again

(Reuters) - Feedgas intake at the second largest U.S. LNG plant has fallen by almost half over the last week, according to data provider LSEG.

Natural gas flowing to Freeport LNG's Texas facility was down to 758 million cubic feet (mmcf) on Monday from 1463 mmcf on March 3, LSEG data showed.

The United States was the world's largest exporter of LNG last year, and also largest exporter of LNG to Europe, according to the U.S. Energy Information Administration.

Freeport's plant suffered from a major fire in 2022, and over the last month has had to take one of its three trains out of service. It had promised that Train 3 would return to service this week, two weeks behind an original estimate.

The company on Monday did not immediately have an update on the repairs to Train 3.

Monday's feedgas intake is roughly half of the 1.4 bcf/d it uses when two of the three trains are operating, and a third of the 2.2 bcf/d it takes when at full capacity, LSEG data shows.

In January, each of the three trains either tripped or experienced a shutdown at least once, according to company filings with state regulators.

Those filings showed that Train 1 had a trip or shutdown that caused an emissions event on Jan. 24-25, Train 2 on Jan. 24, Jan. 22 and Jan. 16-17, and Train 3 on Jan. 17.

Freeport said on Monday it would not comment on the changes in its feedgas usage.


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