Freeport LNG terminal down min 3 weeks

H

Hawkeye10

ButterMilk Man
Contributor
Yet more bad news for Europe especially.


FREEPORT, Texas – The U.S. Coast Guard and emergency crews responded Wednesday to an explosion at an oil and gas facility, according to Surfside Police Department.

Police said the explosion happened around 11:40 a.m at the Freeport LNG at Quintana Island, which is an oil and gas export facility.

It is unknown what caused the explosion. There were no reported injuries and the area was secured.

The company said all personnel have been accounted for and that there is no concern to the community outside its fence.

Due to the fire, the company said the facility will remain shut down for a minimum of three weeks.

The investigation into the explosion is ongoing.
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https://www.click2houston.com/news/...d-gas-company-near-surfside-beach-police-say/
 
Next winter might get scary for America:

US natural gas inventories ended May at 1,983 bcf, 351 bcf (15%) lower than the 5-year average, the Energy Information Administration (EIA) said in its latest Short-Term Energy Outlook. US natural gas stock builds in May were 386 bcf, compared with a 5-year average of 417 bcf.

The below-average storage builds at the beginning of this injection season along with a forecast of average storage injections this summer mean that EIA expects natural gas inventories to begin the winter heating season 9% below their 5-year average.

EIA also forecasts that US LNG exports will average 11.7 bcfd during second- and third-quarter 2022 and 11.9 bcfd for all of 2022, a 22% increase from 2021, a result of additional US LNG export capacity that has come online.
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https://www.ogj.com/general-interes...al-gas-inventories-end-may-down-15-yearonyear
 
By the fall the Revolution likely will be sending out of the country both food and natural gas that Americans need.
 
Still have neither the cause nor the damage assessment, but people do seem to be figuring out that this is a Big Fucking Deal
 
Representatives with the liquefied natural gas (LNG) facility in Texas that suffered an explosion last week, Freeport LNG, said early Tuesday that the company does not expect the export facility to be fully repaired for months.

The company is now targeting late 2022 for a return to full service instead of the initial guidance of three weeks. Given that the explosion and fire that knocked the plant offline were contained to a small area, partial operations could begin in 90 days, said Freeport LNG Development LP.
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https://www.naturalgasintel.com/fre...y-until-late-2022-natural-gas-futures-plunge/

Bad news for Europe, good news for America as there is significant question on of we will have enough gas stored to get through next winter.
 
The explosion and fire in Texas last week that shut down about one-fifth of the country’s liquefied natural gas export capacity wasn’t the first time flames have bedeviled the Freeport LNG facility.

When an electrical fire broke out in an enclosure at the terminal in 2020, the company’s call for help was routed to Houston, more than 60 miles away.

After that delay, local firefighters responded. But they couldn’t find their way into the facility. Federal regulators would later say there weren’t enough Freeport personnel helping direct them.

The mix-up is part of a record of safety lapses at Freeport, a massive facility that handles a product that currently is crucial to meeting the world’s energy needs. The terminal has had a string of incidents in recent years, and federal regulators have hit it with more enforcement actions than any of its competitors along the Gulf of Mexico.

“The question is, what’s going on here? Is it something systemic?” said Richard Kuprewicz, a chemical engineer who worked for years in the oil and gas industry and now consults on safety. “Is there a recurring theme coming up?”
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https://www.eenews.net/articles/lng-plant-had-history-of-safety-issues-before-explosion/

Oh My...

May I remind you that they work with natural gas.
 
For those who dont want to do the math "Minimum of three weeks" turns out to be about 14 weeks for partial opening, perhaps as much as half a year for full opening.

That sounds so Failed Elite Class.
 
Why it matters:

Europe’s natural gas supply has suffered its third blow in 48 hours, sending prices rocketing 42% higher from where they were at the start of the week.

Italian energy giant ENI said Wednesday that Gazprom, Russia’s state gas producer, would cut its supplies by 15%. It did not know the reason, an ENI spokesperson told CNN Business.

The news comes the same day Gazprom said it would cut flows through its Nord Stream 1 pipeline — a major artery linking Russia’s gas to Germany — for the second time in two days, and a major liquefied natural gas (LNG) producer in the United States said it would remain offline until September.
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https://www.cnn.com/2022/06/15/energy/european-gas-prices/index.html
 
Russia’s state gas producer Gazprom announced it's cutting supplies by 15%.
Gazprom also said it would cut flows through its Nord Stream 1 pipeline — a major artery linking Russia’s gas to Germany.
Siemens Energy had delayed the return of turbines required to conduct repairs on the pipeline.
Then, on Wednesday, Gazprom said it would cut supplies by another third to 67 million cubic meters starting Thursday.
 
dukkha said:
Russia’s state gas producer Gazprom announced it's cutting supplies by 15%.
Gazprom also said it would cut flows through its Nord Stream 1 pipeline — a major artery linking Russia’s gas to Germany.
Siemens Energy had delayed the return of turbines required to conduct repairs on the pipeline.
Then, on Wednesday, Gazprom said it would cut supplies by another third to 67 million cubic meters starting Thursday.
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YOU DONT KICK THE BEAR!

Or the Dragon!
 
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