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Freeport LNG Ramps Up Intake Following Train Shutdown; Gas Futures Rise

The Freeport LNG export plant in Texas restored natural gas intake toward normal levels following maintenance, nudging US futures slightly higher.


The Freeport liquefied natural gas export facility in Texas moved to restore its natural gas intake to normal levels on Monday after maintenance prompted the shutdown of one of its three liquefaction trains over the weekend, website OilPrice.com reported.

According to LSEG data cited by Reuters and OilPrice.com, gas flows to the terminal were on track to reach 1.9 billion cubic feet per day, up from an average of 1.2 billion cubic feet per day over the weekend.

Meanwhile, Natural Gas Intelligence reported that the rebound in feedgas to the plant, a major driver of US domestic gas demand, pushed natural gas futures slightly higher in market trading.

Sources: Natural Gas Intelligence, OilPrice.com

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