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Freeport LNG hits gas-processing record after plant overhaul

Freeport LNG drew record natural gas volumes on several days today, according to financial firm LSEG, following conclusion of an overhaul that increased processing capacity.

Freeport LNG drew a record 2.414 billion cubic feet (bcf) of feedgas on Friday, preliminary LSEG data revealed. That volume continued a series of record gas pulls that each topped the plant's previous record of 2.261 bcf, which was reached in April 2023. Freeport LNG had actually announced in April that a debottlenecking meant to enhance processing likely would add an additional 1.2 million metric heaps per annum (MTPA) of LNG capability. The plant's capability was then 15.3 MTPA.

A spokesperson decreased to comment on Friday. Texas-based Freeport LNG has actually suffered numerous outages, consisting of one a week ago due to a power interruption. The interruptions have end up being less frequent in the last two months, LSEG data show.

High feedgas is driven by the debottlenecking efforts in July pertaining to fruition and including an additional 1.5 MTPA of capacity, scientists at monetary company Tudor Pickering Holt stated on Friday.

Freeport exported 20 freights of LNG in both September and October from its Quintana, Texas, center. In the first eight days of November, it exported 10 freights, according to LSEG information.

(source: Reuters)