Natural Gas Prices Under Pressure As Production Climbs ...Middle East

Economy by : (OILPRICE) -
1. Restart of Freeport LNG Remains Uncertain- Despite market rumors suggesting a restart might be delayed again, Freeport LNG is sticking to its original pledge of resuming production in the second half of January. - Freeport LNG is the US’ second largest gas liquefaction facility with three trains and a 15 mtpa capacity. Since its explosion in June 2022 overall exports out of the US dropped by 15%. - The wider gas market increasingly expects the January restart to be delayed after the US Federal Energy Regulatory Commission did not provide…

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