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Home Infrastructure

Freeport LNG takes 5-10bcm off the market

Editor by Editor
3 years ago
Reading Time: 1 min read
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Freeport is now out until at least 90 days, and full plant operations are not expected to resume until end of the year.

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This could translate into a loss of 5-10 bcm, a major hit for an already streched global LNG market.

TTF prices spiked to an intra-day high of over $31/mmbtu, whilst Henry Hub is nosediving by 17%.

What is your view? What an extended Freeport outage could mean for the gas market?

Source: Greg Molnar

Tags: Freeport LNGglobal LNG marketGreg MolnarHenry Hub
Editor

Editor

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