Freeport is now out until at least 90 days, and full plant operations are not expected to resume until end of the year.
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
