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Freeport LNG nears end of expansion that will increase output

by Sarkiya Ranen
in Technology
Freeport LNG nears end of expansion that will increase output
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US liquefied natural gas (LNG) developer Freeport LNG expects to increase production beyond its 15.3 million metric tonne per annum (MTPA) capacity as it wraps up an expansion project.

Freeport LNG operates the second-largest US processing plant and its ups and downs have led to gas-price swings in the US and Europe.

“We have safely completed the vast majority of the work related to our debottlenecking project and are working to implement the benefits of those efforts,” a Freeport spokesperson said on Friday (Aug 2).

The spokesperson did not say what the capacity would be when the debottlenecking is complete. In the past Freeport’s chairman and chief executive officer Michael Smith said the debottlenecking will increase Freeport’s export capacity to 16.5 MTPA.

Feedgas flows to Freeport on Friday were on track to reach a record 2.3 bcfd, up from 2.1 bcfd on Thursday and an average of 1.9 over the prior seven days, LSEG data showed.

Prior to its debottlenecking Freeport pulled at peak close to 2.2 bcfd, according to LSEG data.

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On Jul 7 Freeport shut its plant in anticipation of the passage of Hurricane Beryl, the plant remained down for eight days and then resumed operations on a phased basis, having suffered damage to its fin fan air coolers due to the storm.

The company said that all three of its LNG liquefaction trains have now been safely restarted and it is in the process of returning to normal production rates.

The US last month exported 6.69 million metric tonnes (MT) of LNG, compared to 7.11 million MT in June and 7.60 MT in May, preliminary data from LSEG showed.

July’s 6.69 MT marked the second lowest monthly volume for the year, above only April’s 6.19 million MT, which reflected mechanical problems at Freeport LNG.

Freeport’s reign as the US second largest LNG facility could end later this year as Venture Global’s 20 MTPA Plaquemines export facility in Louisiana is expected to begin operations. REUTERS



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Tags: ExpansionFreeportIncreaseLNGNearsOutput
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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