Explosion at Texas LNG Export Terminal
Texas LNG Export Terminal Shuttered For Three Weeks After Explosion Update (1749ET): The explosion at Freeport LNG at Quintana Island has forced operations at the oil and gas export facility to be halted “for a minimum of three weeks,” according to local news KPRC. Freeport receives about 2 billion cubic feet of gas per day or roughly 16% of the total US LNG export capacity. This means LNG exports will shrink and result in more supply on the grid, pushing down natural…
