Thursday, May 22, 2025

Freeport LNG has the last of its recovery efforts completed and its approvals in hand!

Happy Thursday! 

Did anyone happen to read the Oil & Gas Journal’s OGJ Daily Update Newsletter on May 21, 2025, their article titled, “In final recovery phase, Freeport LNG returns third LNG storage tank to service”?  In the article, it speaks on how in early June 2022 there was an explosion and fire at Freeport LNG facility which ravaged the facility; after a long process the third storage tank has been authorized for use by the U.S. Pipeline and Hazardous Materials Safely Administration (PHMSA) and the U.S. Federal Energy Regulatory Commission (FERC).  The facility which is located on Quintana Island, Texas has had a long road to recovery and refurbishment, nonetheless it has made them stronger and safer for it; and working on the recovery they have added to its workforce and leadership, and in April 2025, they had a new record for LNG production at the facility.  Freeport LNG plant currently has three liquefaction trains, and they have all governmental authorizations needed to build a fourth liquefaction train.  We hope they make a final investment decision soon on the fourth train.   If you would like to read more of Oil and Gas Journal’s article, please click the link:   In final recovery phase, Freeport LNG returns third LNG storage tank to service | Oil & Gas Journal.

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We hope you have a wonderful evening and a great week! 

**Disclaimer: You may be charged a fee to read the Oil and Gas Journal’s article. **