Freeport LNG plant Explosion

2,649 Views | 27 Replies | Last: 3 yr ago by Boo Weekley
Albatross Necklace
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12:36p, 6/14/22
Just in case things weren't bad enough already...

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Marcus Brutus
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12:37p, 6/14/22
There goes some of our power plants! Perhaps wind and solar will make up the difference
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LostInLA07
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12:37p, 6/14/22
That is going to help energy cost inflation in the US in the short term.
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DrEvazanPhD
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12:37p, 6/14/22
Maybe biden will start yelling about this too. Isn't it weird how a lot of critical infrastructure seems to be burning down these days?
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Marcus Brutus
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12:38p, 6/14/22
Oh wait, most goes to Europe. Good!
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Dirty Bird
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12:38p, 6/14/22
Who owns it? ET?
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CDUB98
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12:38p, 6/14/22
****
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GAC06
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In reply to Marcus Brutus • 12:38p, 6/14/22
Marcus Brutus said:
There goes some of our power plants! Perhaps wind and solar will make up the difference


How do you figure
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Showertime at the Bidens
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12:38p, 6/14/22

accident?
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ChemEAg08
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12:38p, 6/14/22
This is actually a positive for US, as it limits how much nat gas can leave the country and has brought the price of nat gas down about $1/mmbtu.

But the plant will be back up in about 2 weeks per press reports.
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YouBet
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12:38p, 6/14/22
Had someone mention this over the weekend that a family member who lives down there was telling them about it but I forgot to check into it.

Is it totally offline?
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XXXVII
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In reply to Marcus Brutus • 12:39p, 6/14/22
Marcus Brutus said:
There goes some of our power plants! Perhaps wind and solar will make up the difference


What? No. If anything this means we are exporting less and now have more natural gas for our plants in Texas.
DeSantis 2024

FJB, FJB, FJB, etc
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ChemEAg08
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In reply to YouBet • 12:40p, 6/14/22
YouBet said:
Had someone mention this over the weekend that a family member who lives down there was telling them about it but I forgot to check into it.

Is it totally offline?


It is an export facility, not power generation. It's offline for another 2 weeks from loading LNG tankers of nat gas to Europe.
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CDUB98
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12:40p, 6/14/22
Nothing on two local news websites yet.
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IslanderAg04
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In reply to XXXVII • 12:42p, 6/14/22
XXXVII said:
Marcus Brutus said:
There goes some of our power plants! Perhaps wind and solar will make up the difference


What? No. If anything this means we are exporting less and now have more natural gas for our plants in Texas.


That's not really how it works with contractual obligations in O&G. You can delay to a point but you still have to provide.
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ChemEAg08
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12:44p, 6/14/22
Update: restart in September, full restart YE. This will prevent about 20% of natural gas capacity from being exported, meaning more natural gas here and lower prices for Americans.


Quote:
June 14 (Reuters) - Freeport LNG, one of the largest operators of liquefied natural gas export plants in the United States,on Tuesday said last week's fire damage to its Texas plant would keep it fully offline until September with only partial operation through to the year end.


https://www.reuters.com/markets/commodities/freeport-lng-extends-outage-after-fire-targets-year-end-full-operations-2022-06-14/
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Marcus Brutus
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In reply to GAC06 • 12:47p, 6/14/22
GAC06 said:
Marcus Brutus said:
There goes some of our power plants! Perhaps wind and solar will make up the difference


How do you figure

Power plants use mostly nat gas and coal to spin the turbines.
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P.H. Dexippus
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12:54p, 6/14/22
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GAC06
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In reply to Marcus Brutus • 12:54p, 6/14/22
Marcus Brutus said:
GAC06 said:
Marcus Brutus said:
There goes some of our power plants! Perhaps wind and solar will make up the difference


How do you figure

Power plants use mostly nat gas and coal to spin the turbines.


This doesn't impact production or supply of natural gas to US power plants. In fact it may lower prices as mentioned above.
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The Kraken
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In reply to CDUB98 • 12:56p, 6/14/22
CDUB98 said:
Nothing on two local news websites yet.
This was last week. June 8.
plus ça change, plus c'est la même chose
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Come Out Roll
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1:16p, 6/14/22
….exploded on Wednesday…???
Today is Tuesday
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Marcus Brutus
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In reply to GAC06 • 1:18p, 6/14/22
GAC06 said:
Marcus Brutus said:
GAC06 said:
Marcus Brutus said:
There goes some of our power plants! Perhaps wind and solar will make up the difference


How do you figure

Power plants use mostly nat gas and coal to spin the turbines.


This doesn't impact production or supply of natural gas to US power plants. In fact it may lower prices as mentioned above.


Yeah, after I posted, I read where it's mostly Europe.
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geoag58
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In reply to Showertime at the Bidens • 1:21p, 6/14/22
Zarathustra said:

accident?


Do we know where all fbi agents were?
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ChemEAg08
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In reply to Come Out Roll • 1:23p, 6/14/22
Come Out Roll said:
….exploded on Wednesday…???
Today is Tuesday


It happened last week.
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Teslag
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In reply to geoag58 • 1:24p, 6/14/22
geoag58 said:
Zarathustra said:

accident?


Do we know where all fbi agents were?


Probably in the back of a uhaul
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Cromagnum
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In reply to Albatross Necklace • 1:40p, 6/14/22
Wednesday June 13th...

Did this happen yesterday or is it going to happen tomorrow?
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Rustys-Beef-o-Reeno
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2:03p, 6/14/22
Nymex moved down $1.35 balance of the year.
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Boo Weekley
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In reply to DrEvazanPhD • 2:05p, 6/14/22
DrEvazanPhD said:
Maybe biden will start yelling about this too. Isn't it weird how a lot of critical infrastructure seems to be burning down these days?
Seems like we are losing 1-3 major food processing facilities to fire/explosion each week.
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