Posted on 06/09/2022 9:37:30 AM PDT by CodeToad
U.S. liquified natural gas exporter Freeport LNG will shut down its export facility in Texas for at least three weeks because of an explosion incident.
According to Reuters, Freeport LNG informed about this late on 8 June 2022, after evaluating damage to the facility. The facility is located in Quintana along the Texas Gulf Coast, about 112 kilometres south of Houston.
Freeport LNG operates one of the largest LNG liquefaction and export facilities in the world; specifically, it is the seventh-largest in the world and the second-largest in the U.S. Therefore, this shutdown will likely impact European and Asian LNG markets.
With 15 mtpa liquefaction capacity, the facility provides for around 20 per cent of U.S. LNG processing.
(Excerpt) Read more at offshore-energy.biz ...
And we’re still shipping gas out when we need it here??
“An explosion incident”
Interesting description. I wonder if there are any local branches of the group “Shut Down DC” which is planning on blocking entrances to the Supreme Court building.
According to Bloomberg, the Freeport LNG export terminal in Texas will be shuttered for at least three weeks, which will impact 20% of all US LNG exports. In the last four months, 75% of all US LNG exports have been sent to Europe.
Take THAT, Putin!!
Yes, we're shipping OUR natural gas to Europe, while my natgas provider is crowding 75 cents a therm.
It was 20 cents a therm last year.
This is just the beginning. Cybersecurity operations are BAD at many of our government and infrastructure organizations. We are primed for a massive cyber hack, and the Feds know it.
“And we’re still shipping gas out when we need it here??”
Net Net we produce more than we consume.
We are all going to be broke by Christmas.
Oh no! How am i going to heat my house since we cant export lng to crapistan for three weeks! /s
“It was 20 cents a therm last year.”
Maybe in 2020 when demand dropped but that was a temporary low.
https://www.macrotrends.net/2478/natural-gas-prices-historical-chart
You do your natgas bill, I’ll do mine.
“You do your natgas bill, I’ll do mine.”
No way were you buying NG at half the spot price.
When facts are not on your side, resort to #5:
https://en.wikipedia.org/wiki/Rules_for_Radicals#The_Rules
For years.
Waco DA [Barry Johnson, who replace hack DA Abel Reyna] Dismisses Remaining Twin Peaks Cases: April 2019
That part of Texas gets its natural gas feedstocks from mostly Texas - I suspect it is mostly from South Texas and the Eagle Ford shale gas.
No new pipelines to carry the cleaned natural gas out of state ...
We’re learning more about energy feeds every day.
Remember right after September 11th? The government finally realized how vulnerable the critical infrastructure throughout the USA was. And all sorts of money was allocated to harden the systems.
Electrical grid.
Water supply.
Highways.
Hmmmm...... - things seem just about as bad now as they did on 09-10-2011. But “safe and effective” is what the authorities keep telling us.
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