By Dean Seal
Freeport LNG stated Friday that it expects manufacturing at one in all its liquefied pure fuel export services to restart in mid-January, a month later than beforehand anticipated, because it waits for the go-ahead from regulators.
The corporate stated final month that it had aimed to restart the plant, situated simply south of Houston alongside Texas’s Gulf of Mexico coast, by mid-December.
The plant’s closure from an explosion and fireplace in June resulted in a 17% discount in whole U.S LNG export capability and a pointy rise in U.S. natural-gas inventories.
Freeport stated Friday that the reconstruction work required to begin preliminary operations on the plant are considerably full and that it’s submitting responses to a last spherical of questions in a Dec. 12 knowledge request from the Federal Vitality Regulatory Fee.
The corporate now anticipates an preliminary restart is not going to be potential till the second half of January, citing the time wanted for regulators to evaluation their last responses and probably request additional clarification.
“The corporate continues to have shut, collaborative engagement with the regulatory companies and that engagement will proceed as Freeport LNG works in direction of the protected restart of its facility,” Freeport stated.
Freeport had stated in August that it aimed to restart the plant by November. It adopted up in November, saying it hoped to restart by December however might not obtain full manufacturing till March 2023.
Write to Dean Seal at dean.seal@wsj.com
