Drop in feedgas flows to Freeport LNG weighs on US terminal utilization

Gas flows to the Freeport LNG facility in Texas dropped sharply over the weekend to Sept. 11 amid an apparent operational issue, driving a broader decline in US feedgas deliveries and adding pressure on the East Texas gas market. Total feedgas deliveries to Freeport plummeted from nearly 1.6 Bcf/d Sept. 8 to about 680,000 MMcf/d Sept. 9 and 270,000 MMcf/d… Gas flows to the Freeport LNG facility in Texas dropped sharply over the weekend to Sept. 11 amid an apparent operational issue, driving a broader decline in US feedgas deliveries and adding pressure on the East Texas gas market. Total feedgas deliveries to Freeport plummeted from nearly 1.6 Bcf/d Sept. 8 to about 680,000 MMcf/d Sept. 9 and 270,000 MMcf/d… Read More