Free Republic

U.S. natural gas prices take a sharp turn lower after Freeport LNG said on Tuesday it now expects to restart its shuttered export plant in early to mid-November, and ramp up to a sustained level of at least 2B cf/day by the end of November, delaying the timeline from a previous estimate of October. Freeport LNG's newest recovery plan will utilize the company's second loading dock as a lay berth until loading capabilities at the second dock are reinstated in March 2023, when it anticipates being capable of operating at 100% of capacity. Nymex front-month natural gas futures (NG1:COM) for...

Ankara supports Ukraine's territorial integrity and rejects the illegal annexation of Crimea, Turkish President Recep Tayyip Erdogan said on Tuesday. "The return of Crimea to Ukraine, of which it is an inseparable part, is essentially a requirement of international law," Erdogan said in a video message to the Second Crimea Platform Summit. The Crimea Platform is an international coordination mechanism of Ukraine to draw more global attention to Russia's illegal annexation of Crimea in 2014. Erdogan said Ankara will continue to support the Crimean Platform that was established to resolve the Crimean issue through peaceful means. "Türkiye does not recognize...