Freeport has cancelled some upcoming LNG shipments fueling fears its reopening could be delayed further. It was planned to open in the second half of January, a target Freeport has said is still on track as it awaits regulatory approval after last year’s fire.

  • Bloomberg sources have reported on two cargoes being cancelled – one at the end of January and another in early February.
  • Reuters sources reported earlier this week that the facility was not expected to open until at least February, something Freeport denied.
  • The terminals closure has contributed to keeping more gas in the domestic US market and suppressing prices along with a largely mild winter so far.
  • Freeport has declined to comment on vessel cancellations.

Cancelled LNG Cargoes Fuel Freeport Restart Fears

Last updated at:Jan-13 08:18By: Andrew Couper
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Freeport has cancelled some upcoming LNG shipments fueling fears its reopening could be delayed further. It was planned to open in the second half of January, a target Freeport has said is still on track as it awaits regulatory approval after last year’s fire.

  • Bloomberg sources have reported on two cargoes being cancelled – one at the end of January and another in early February.
  • Reuters sources reported earlier this week that the facility was not expected to open until at least February, something Freeport denied.
  • The terminals closure has contributed to keeping more gas in the domestic US market and suppressing prices along with a largely mild winter so far.
  • Freeport has declined to comment on vessel cancellations.