Freeport lng october 9. Freeport LNG Terminal, Quintana Island, Texas FE Docket No. Melanie and Manning meet with a representative outside Chubb in NYC | Photo by Erik McGregor October 19, 2023: Frontline leaders meet outside Chubb Insurance during New York Climate Week. In the early 2000s, Freeport LNG was founded through entrepreneurial spirit and keen business sense. We are dedicated to positively contributing to society by supplying the world with copper Jan 22, 2025 · Freeport LNG is one of the most closely watched LNG export plants in the world because the start-up and halting of its operations often cause price swings in global gas markets. S. Gas was trading around a 14-month high of $15 per million British thermal units at the Dutch Title Transfer Facility (TTF) benchmark in Europe due in part to the Monthly U. Aug 4, 2022 · Thursday 4 August, 2022 (Montel) The Freeport LNG plant in Texas is set to resume operations in early October at close to its full capacity, under an agreement with regulators, its operator Nov 25, 2024 · Flows to the 2. U. The company declared FM on Jun. liquefied natural gas export facility hit by fire earlier this month will not be allowed to straga/iStock via Getty Images. In 2013, Mr. The initial operations that Freeport wants to achieve include the “delivery of approximately 2 BCF per day of LNG, enough to support its existing long-term customer agreements” for early October. However, Freeport said demand for LNG has rebounded and it has been actively negotiating with potential Dec 26, 2022 · Freeport LNG announced that while reconstruction of the damaged LNG plant and export operation on the Texas gulf coast is substantially completed that it is pushing back the expected restart date Dec 31, 2024 · Freeport LNG is a liquified natural gas export company which owns and operates one of the first and largest natural gas liquification facilities in the United States. Order No. Entrepreneurship and Business Acumen. This new estimate comes after the US Pipeline and Hazardous Materials Safety Administration (PHMSA) said on Thursday that Freeport LNG must complete several corrective actions prior to restarting the plant. 21-98-LNG FLNG Liquefaction, LLC FLNG Liquefaction 2, LLC & FLNG Liquefaction 3, LLC ) ) )) APPLICATION FOR LONG-TERM AUTHORIZATION TO EXPORT LIQUEFIED NATURAL GAS TO NON-FREE TRADE AGREEMENT NATIONS John Tobola Freeport LNG Expansion, L. 7 Bcf/d of gas into LNG daily. Freeport LNG is planning to add a fourth train to the facility, which would increase the facility’s overall capacity by one third – but the company has not yet taken a final investment Freeport LNG expected to complete repairs and restorations and resume operations by early October. 4mtpa of LNG from the first train will be supplied to Osaka Gas and Chubu Electric for a period of 20 years, while 4. We expect Feb 14, 2022 · A liquefied natural gas tanker moored at the Freeport LNG terminal on Quintana Island, between the town of Freeport and the Gulf of Mexico, in October 2020. 8 Bcf/y. 2020. Three Liquefaction Trains Capable of Producing in Excess of 15 mtpa. The copper we produce is integral to economic progress and required by clean energy applications. In July 2022, the U. 0 Bcf/d on Monday, up from 1. Sustainable Solutions. Jun. Yesterday the company backtracked and said no, it would now be November, not October, before the plant returns to near-full operation. Freeport LNG shut the plant, which supplies about 20% of U. First commercial cargo is loaded. Freeport, a liquefied natural gas terminal located off the Texas Gulf, said it entered into The Freeport LNG terminal, one of seven active U. Oct 27 (Reuters) - U. Export operations began at the three-train facility in 2019, after the completion of a multi-year construction period. Jump forward to New York City in October 2023. Freeport eLNG Electric-Motor Drive: Unique Aug 4, 2022 · Now, Freeport LNG says it will restart in October three liquefaction trains, two LNG storage tanks, and one loading dock, which will make it possible to start exporting again at a rate of 2 Aug 4, 2022 · Texas’ Freeport LNG export plant plans to resume partial operations in early October. Sep 19, 2022 · (2) Roberto Ruiperez Vara – Freeport LNG, Lance Goodwin – Freeport LNG, William P. Phone Number. 3 billion from the builders of Freeport LNG’s $14 billion gas export terminal, after a June 2022 explosion knocked the When fully operational, Freeport LNG processes about 2 billion cubic feet per day of natural gas and exports up to 15 million tonnes of LNG per year. 8 explosion that took the 15 million ton per year liquefaction plant offline. Reporting by Swati Verma and Ruhi Soni in Bengaluru; additional reporting by Gary McWilliams in Houston; Editing by Mark Potter and Christian Schmollinger FREEPORT LNG RECEIVES REGULATORY APPROVAL FOR RESTART OF FINAL LIQUEFACTION TRAIN Houston, TX, March 8, 2023 – Freeport LNG Development, L. 4 Bcf/d average exports during the first five months of 2022, mainly as a result of an unplanned outage at the Freeport LNG export facility. October 4, 2023[LNG Prime]- Freeport LNG, the operator of the three-train 15 mtpa liquefaction plant in Texas, is working to secure approvals to place back its second jetty in service and to return the export facility to full commercial operations. Reuters. Freeport must also hire a third-party to review the state of its LNG storage tanks. In May 2023, Mr. Its closure helped to push up LNG prices in Europe and Asia, and dampening U. liquefied natural gas (LNG) exporter on Wednesday said it reached an agreement with a federal regulator that will allow it to resume some operations at its Quintana, Texas, plant in October. Freeport LNG‘s Oct 27, 2023 · Freeport LNG, the second-biggest U. 90 in the previous week, industry sources estimated, adding that Aug 3, 2022 · Stay updated on Freeport LNG's progress as they prepare to restart operations in October following an agreement with federal regulators. 8, entered into a consent agreement with the US Pipeline Hazardous Materials Safety Administration (PHMSA) under which the facility could resume "initial operations" — which appear to be equivalent to full operations — in early October. steps to return its export plant in Texas to full operation. With Jul 20, 2022 · A fire at Freeport LNG's natural gas liquefaction plant led to the full shutdown of the facility on June 8. Market indicators suggest a potential uptick in feed gas volumes, signaling a restart of production Freeport LNG, a key US LNG export terminal south of Houston, Texas, plans to resume partial operations in October, about one month past a previously planned restart. Freeport LNG’s liquefaction facility is the largest all-electric drive motor plant of its kind in the world, making it the most environmentally May 1, 2024 · Freeport LNG, which has three natural gas-processing units, or trains, has been operating without at least one of these since January 2024, amid recurring mechanical issues and maintenance. 4374 . One billion cubic feet of gas is enough to supply about five million U. Aug 12, 2022 · Freeport LNG withdraws force majeure declaration - Report in order to resume initial operations in early October,” the company said. The 15mn t/yr facility has been on an unplanned outage since a fire at the site on 8 June. liqueed natural gas (LNG) company Freeport LNG received approval from federal energy regulators on Friday to take more. “Freeport LNG’s Lessons Learned from All-Electric LNG Liquefaction Trains Start Ups” – Gastech Technical Conference | 21-23 September 2021 LNG TERMINAL USE AGREEMENT . 00 per million British thermal units (mmBtu) from $12. benchmark Henry Hub natural gas spot price. The company entered into an agreement with regulators on the steps required before Nov 22, 2024 · Freeport LNG’s ownership is divided among the primary stakeholders listed above, each holding a different percentage of the overall ownership. October 2023: RAN held a rally to demand real climate leadership at the annual Insurance Leadership Forum in Colorado Springs, CO. Interestingly, the public press release was only two paragraphs long, while the leaked release included far more detail about what portions of the Freeport LNG Receives Regulatory Approval for Restart of Final Liquefaction Train: Tue, Feb 21st, 2023 : Freeport LNG Receives Regulatory Approval for Commercial Operations of its Liquefaction Facility: Fri, Dec 23rd, 2022 : Freeport LNG Provides Update on Restart of its Liquefaction Facility: Fri, Nov 18th, 2022 Nov 9, 2021 · Issuer: Freeport LNG Investments, LLLP Debt Level: senior secured Issue: Effective from 13 October 2023 to 2 August 2024. Related News October 1, 2023 . The response from Freeport LNG confirmed its prior assessment that the Project would not effect environmental resources. Freeport LNG has said no employees were injured in the June 2022 explosion on an island off Freeport On June 8, 2022, the Freeport LNG experienced a Loss of Primary Containment (LOPC) and Boiling On October 30, 2022, IFO Group issued the final Root Cause Failure Dec 20, 2024 · Texas' environmental regulator has fined liquefied natural gas (LNG) exporter Freeport LNG $152,173 for violating state air pollution emissions rules for periods between 2019 and 2021, the company Aug 4, 2022 · Freeport LNG reports that it is on track to restart portions of its LNG operations and exports in early October. Schmidt – Air Products and Chemicals Inc. Page 2 of 2 . 8 Bcf/d over the prior seven days. take to approve a plan. After that, they would require PHMSA approval before starting production at the liquefaction facility. Mar 8, 2023 · The Freeport LNG terminal is one of seven U. Freeport LNG. liquefied natural gas (LNG) exports (Jan 2019 – May 2022) billion cubic feet per day a ll other U. Freeport told environmental regulators that liquefaction Train 2 tripped while operating around midday on Nov. Approximately 4. natural gas supply would position us to lead the future of U. Active Criteria Dec 8, 2014 · Freeport LNG agrees financing for liquefaction train Thursday, 30 October 2014 09:00. 333 Clay Street, Suite 5050 Houston, TX 77002 Aug 24, 2022 · Initially, Freeport LNG said it hoped to restart operations by the end of the year, then moved that timetable to mid-October after discussions with the US Pipeline Hazardous Materials Safety Jun 23, 2022 · On June 8, 2022, a fire at Freeport LNG‘s natural gas liquefaction plant on the Gulf Coast in South Texas led to the full shutdown of the facility. liquefied natural gas (LNG) exporter, got approval from federal regulators on Thursday to take early steps to restart its fire-idled LNG export plant in Texas. LNG export facilities; it can produce 2. 16 Jun 2023. The Freeport LNG liquefaction facility is under construction, and the first train is expected to be operational by the end of 2018. October 27, 2023. They initially began operations as a gas importer in 2008 [ 5 ] supporting cleaner fuels for the US. Freeport LNG represents 15% of American LNG export capacity, and the company hopes to be Freeport LNG Quintana Island, Texas June 8, 2022 - Loss of Primary Containment October 30, 2022 . FLNG Liquefaction has entered into agreements for the debt financing required for the development of Freeport LNG’s first train facility. Nov 17, 2023 · September 2023: RAN and partner Better Brazoria rallied at Chubb offices to deliver a letter signed by over 22,000 supporters calling on the insurer to drop Freeport LNG. Freeport LNG Targets Mid-December Restart for Texas Plant Oct 17, 2022 · First, on the LNG front, the restart of Freeport LNG in November should be a welcome positive catalyst. natural gas futures jumped 7% on Wednesday after Freeport LNG said its liquefied natural gas (LNG) export plant in Texas remains on track to return to service in early October. 4mtpa of LNG from the third train will be supplied to Toshiba Corporation and SK E&S. LNG export capacity. When the concept of our organization as an LNG import facility began to take shape in 2002, we did not expect that, years later, a 180-degree shift in U. (Freeport LNG) today announced that it has received regulatory approvals from the Federal Energy Regulatory Commission (FERC) and the Pipeline and Hazardous Materials Safety Administration (PHMSA) to restart Train 1, the final train of Freeport LNG’s Jun 30, 2022 · Freeport sees partial resumption in early October; HOUSTON, June 30 (Reuters) - The second-biggest U. homes for a day. Aug 4, 2022 · Freeport LNG said it has entered into a consent agreement with the Pipeline Hazardous Materials Safety Administration (PHMSA) to resume operations at its LNG export plant in Texas in early October. 22 due to an issue… Aug 12, 2022 · Freeport LNG reportedly retracted a force majeure (FM) declaration issued in the aftermath of a Jun. Tobola was named Senior Vice President of the company, and in 2021, he was named Chief Legal Officer. 3 Bcf/d on Sunday and an average of 1. Freeport LNG completes refinancing of all original Train 2 bank debt. , Robert P. Department of Energy authorized Freeport LNG to expand its exports to Free Trade Agreement (FTA) countries to 1,022. Aug 3, 2022 · Freeport LNG shut the plant, which supplies about 20% of U. Freeport LNG is one of the largest US LNG export Freeport LNG, a key US LNG export terminal south of Houston, Texas, plans to resume partial operations in October, about one month past a previously planned restart. On August 3, Freeport issued a press release indicating that it had entered into a Consent Order with the Pipeline and Hazardous Materials Safety Administration (PHMSA) related to the June 8 incident. Oct 17, 2022 · FERC said in a filling dated October 13 it had granted “Freeport LNG Development and FLNG Liquefaction 4 a 26-month extension of time, to August 1, 2028, to construct and make available for service the Train 4 Project facilities. Freeport LNG, a key US LNG export terminal south of Houston, Texas, plans to resume partial operations in October, about one month past a previously planned restart. 9 and then retracted it on Jun. October 27, 2023 9:17 AM PDT · Updated 10 days ago Commodities Aug 3, 2022 · Freeport LNG shut the plant, which supplies about 20% of U. requests on September 10, 2015 and October 15, 2015, and Freeport LNG responded on September 22, 2015 and October 27, 2015. Facility Progress Report . Aug 4, 2022 · Freeport LNG, based in Texas, has reached a consent agreement with the US Pipeline Hazardous Materials Safety Administration (PHMSA) and exports could restart as soon as early October. Freeport LNG Development, L. 27 per million British thermal units (MMBtu) decrease in U. 14 Bcf/d of LNG on a peak day. ) FE Docket No. 9 Bcf/d from January 2021 through May 2022, according to our Natural Gas Monthly . Long Term Applications Received by DOE to Export Domestically Produced LNG, CNG, CGL from the Lower-48 States (as of December 30, 2024) All Changes Since Last Issuance on October 1, 2024 Are in Red Freeport LNG Expansion, L. 2 CONFIDENTIAL BUSINESS INFORMATION—DO NOT RELEASE UNDER FOIA Freeport LNG has restarted its first liquefaction train almost three weeks after being shut down due to a trip of a compressor and subsequent fire, the operator of the Texas facility said Nov. 4mtpa of LNG from the second train will be supplied to BP for 20 years, and 4. Train 1 achieves commercial operations, and services under the Osaka Gas and JERA LTAs begins. 9 Bcf/d from January 2021 through May 2022, according to our Natural Gas Monthly. Oct 24, 2023 · October 24, 2023. Address 1000 CR 731 & Old Quintana Rd. Prior to the full shutdown of the facility in June 2022 , exports from the facility averaged 1. “Given the close coordination that Freeport, PHMSA, and FERC have maintained over the course of the Phase II restoration activities, Freeport would greatly appreciate FERC’s response to this request by October 6, 2023,” it said. liquified natural gas, near Freeport, Texas, U. According to the EIA, the shutdown contributed to a $1. Toshiba sells its LNG business to Total, including its LTA with Freeport LNG. Aug 4, 2022 · Freeport LNG will resume limited operations in October after it was shut down for an explosion in June. , a Delaware limited partnership with a May 15, 2024 · Discover the latest update on Freeport LNG's return to production at all three trains in Texas. Aug 3, 2022 · The second-largest U. Department of Energy, LNG Monthly reports On June 8, 2022, a fire at . At least one of the plant's three liquefaction trains shut Oct 4, 2017 · BP has a long-term contract for 230 Trillion BTUs per year of LNG capacity in the Freeport LNG facility. Freeport LNG is the fourth largest export facility in the country, accounting for approximately 16 percent of total US export capacity. FERC approves Train 4. . 0 Bcf/y and to non-FTA countries to 1,044. The facility's return to full service by the end of the Freeport LNG expected to complete repairs and restorations and resume operations by early October. BP also participates in LNG projects in Australia, UAE, Indonesia, Trinidad and Angola. Freeport LNG Expansion, L. Ownership Breakdown. Aug 4, 2022 · Now, Freeport LNG says it will restart in October three liquefaction trains, two LNG storage tanks, and one loading dock, which will make it possible to start exporting again at a rate of 2 Aug 5, 2022 · Freeport LNG says it is confident it can restart LNG exports from its Gulf Coast plant on time in October after reaching an agreement with regulators to resume operations following a fire earlier Oct 27 (Reuters) - U. November: The company updated its timeline, stating they expected to process gas into LNG in January, with full production achieved by March 2023. Oct 30, 2023 · October 30, 2023 [LNG Prime]- Freeport LNG, the operator of the three-train 15 mtpa liquefaction plant in Texas, has secured approval from the US FERC to start commissioning its second jetty. Prior to the full shutdown of the facility in June 2022, exports from the facility averaged 1. Aug 4, 2022 · Courtesy of Freeport LNG Courtesy of Freeport LNG. LNG exports, following an explosion and fire on June 8. S Aug 3, 2022 · Stay updated on Freeport LNG's progress as they prepare to restart operations in October following an agreement with federal regulators. Phillips66 Petroleum Marine Terminal . JAKARTA – Gold and copper mining giant PT Freeport Indonesia (PTFI) has announced plans to invest approximately US$1 billion in a new power plant to shift from coal as an energy source to the less-polluting liquefied natural gas (LNG). In July, Freeport LNG said it expected to resume partial liquefaction operations at its export plant in Texas in early October after an incident Jul 11, 2024 · Jamison Cocklin joined the staff of NGI in November 2013 to cover the Appalachian Basin. Liquified Natural Gas (LNG) market in the early 2000s. Freeport and the federal government’s Pipeline Hazardous Materials Safety Administration (PHMSA) have now signed a consent agreement on how to respond to the fire Aug 3, 2022 · Freeport LNG shut the plant, which supplies about 20% of U. Aug 24, 2022 · Three weeks ago, Freeport announced the plant would be mostly back online and producing 2 Bcf/d sometime in October (see Freeport LNG Signs Agreement w/PHMSA to Restart 2 Bcf/d in October). Semi-Annual Report: October 2023 . McDermott International declares bankruptcy. LNG Nov 26, 2024 · A bankruptcy judge has dismissed two lawsuits seeking total damages of $1. The return to service of Freeport LNG in the United States has boosted global LNG production capacity and LNG exports by 2. Freeport LNG is an LNG export company headquartered in Houston, Texas. This LNG TERMINAL USE AGREEMENT (the “Agreement”), dated as of this 1st day of March 2004 (the “Effective Date”), is made by and between THE DOW CHEMICAL COMPANY, a Delaware corporation with its principal office at 2030 Dow Center, Midland, Michigan, U. 0 billion cubic feet per day (Bcf/d) so far this year. 18-26-LNG . LNG export terminals Freeport LNG Data source: U. natural gas prices surged Wednesday after the key Freeport LNG export terminal received regulatory clearance to reopen as soon as early October, returning to Freeport LNG was an early entrant to the then emerging U. 48674 (“Customer”); and FREEPORT LNG DEVELOPMENT, L. On 3 August, Freeport LNG and the Pipeline Hazardous Materials Safety Administration (PHMSA) entered into a consent agreement related to the incident at Freeport LNG’s liquefaction facility in June. LNG exports as well. 1-bcfd plant in Texas. S Jun 5, 2023 · The consultancy Rystad Energy predicts global demand for LNG will grow 42 percent by 2030. Only after the reviews are completed can the company submit a plan to repair the damage, it said, further complicating Freeport LNG's aim for a partial restart in September and full operation by year-end. In October 2022, FERC granted Freeport LNG an extension through August 2028 to complete construction of the proposed fourth train. He was appointed Senior Editor, LNG in October 2019, and then to Managing Editor, LNG in February 2024. The shutdown of Freeport LNG will reduce total U. Register now for FREE unlimited Nov 11, 2024 · Freeport exported 20 cargoes of LNG in both September and October from its Quintana, Texas, facility. Energy Information Administration, Short-Term Energy Outlook , and U. Oct 27 (Reuters) – U. Freeport LNG’s liquefaction facility is the largest all-electric drive motor plant of its kind in the world, making it the most environmentally Freeport LNG Clean Energy. 2022) — Freeport LNG Development, it is estimated that the resumption of partial liquefaction operations will be early October 2022. Each train at Freeport is capable of turning around 0. Tobola assumed interim leadership of Human Resources for Freeport LNG and was appointed President on Jan 1, 2024. FILE PHOTO: Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U. The company’s three train, 15 MTPA liquefaction facility is the seventh largest in the world and second largest in the U. In February this year, the LNG terminal operator shipped the first cargo from its LNG export plant in Texas since the shutdown in June 2022. Freeport LNG gets approval to restart more of export plant in Texas. Based on the comment received from the Sierra Club, we provide a review and impact analysis of air Jun 8, 2022 · Freeport LNG is a massive liability. Jun 30, 2022 · (Freeport LNG, 30. Oct 14, 2022 · Freeport said the project was delayed by the replacement of its engineering, procurement and construction contractor and the COVID-19 pandemic, including the pandemic’s effects on the global supply chain and the impact on global LNG demand. 30, according to media reports that cited the relevant documents. : This entity holds a controlling interest in the terminal, ensuring that it remains in charge of day-to-day operations and strategic decision-making. liquefied natural gas (LNG) export capacity by approximately 2 billion cubic feet per day (Bcf/d), or 17% of total U. liquefied natural gas (LNG) company Freeport LNG received approval from federal energy regulators on Friday to. , FLNG Liquefaction 4, LLC . Jul 18, 2024 · Friday, October 27, 2023. Local homeowners who are struggling to find Dec 2, 2024 · Reuters. Saunderson– Air Products and Chemicals Inc. Jul 25, 2022 · In June, the United States exported 11% less LNG than the 11. 00/MMBtu before pressing even higher in subsequent days on rickety bullish excuses. , February 11, 2023. Nov 25, 2024 · (Reuters) - All three liquefaction trains at Freeport LNG’s export plant in Texas were expected to be back in service on Monday, according to preliminary data from financial firm LSEG. last year, global LNG export (liquefaction) capacity continued to expand this year, although more slowly than in recent years. October 27, 2023 9:17 AM PDT · Updated 10 days ago Commodities John Tobola joined Freeport LNG in 2006 as Freeport LNG’s Vice President and General Counsel. 1-Bcf/d Freeport plant were on track to rise to 2. ” Aug 3, 2022 · Aug 3 (Reuters) - U. Utilization of the peak capacity at the seven U. In the first eight days of November, it exported 10 cargos, according to LSEG data. The facility's return to full service by the end of the Careers Come Grow with Us! Job search Aug 23, 2022 · Freeport LNG has delayed its target for partial restart by about a month as it works to complete repairs following a June explosion and fire that shut down the Texas liquefaction facility, the company Freeport LNG, a key US LNG export terminal south of Houston, Texas, plans to resume partial operations in October, about one month past a previously planned restart. S Earlier this month, news that the Freeport LNG export terminal would be coming back online in October buoyed the NYMEX front-month gas futures contract above $8. LNG export facilities, can produce 2. Financing for the LNG liquefaction project Jul 1, 2022 · Earlier this month, Freeport LNG said it had expected to resume partial operations at its LNG export plant in about 90 days. 979-415-8733. Freeport LNG is expected to resume partial liquefaction operations in early October 2022. Based on the comment received from the Sierra Club, we provide a review and impact analysis of air Sep 15, 2023 · The average LNG price for October delivery into north-east Asia rose to $13. Aug 3, 2022 · Freeport LNG, offline since suffering an explosion Jun. A. P. Freeport, TX 77541 United States Phone Oct 3, 2023 · Subsequent approvals will be necessary to fully return Dock 2 to service, the LNG terminal operator said. On May 17, 2019, the Federal Energy Regulatory Commission(“FERC”) issued an order in Aug 5, 2022 · Freeport LNG says it is confident it can restart LNG exports from its Gulf Coast plant on time in October after reaching an agreement with regulators to resume operations following a fire earlier Dec 20, 2024 · Among the biggest factors in this year's fall in LNG feedgas demand were numerous outages at Freeport LNG's 2. Aug 5, 2022 · The Freeport LNG terminal experienced an incident on June 8 that forced the facility offline and it has remained offline since then. luolbhquwtnylncytkrepccpkqmtlkeacevpxealhflscexrmpgdzqchyhafxxyeaqjarehyhtyn