20% of US LNG export capacity knocked out for at least three weeks One of the largest US plants that produces liquefied natural gas for exports has been damaged by an explosion and fire on Wednesday, forcing the Texas Gulf Coast facility to cease operations in a move expected to affect European and Asian markets. “As a result of today’s fire, Freeport LNG’s liquefaction facility is currently shut down and will remain shut down for a minimum of three weeks,” the company announced on Wednesday night, providing no further details. Earlier in the day, the company acknowledged an “incident” at its facility in Quintana,
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