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Texas Freeport Gas Flows Fall to Near Zero Ahead of Hurricane Beryl

Texas Freeport Gas Flows Fall to Near Zero Ahead of Hurricane Beryl

Natural gas flows to Freeport LNG’s export plant in Texas fell close to zero on Sunday as Hurricane Beryl roared towards the Texas coast, with flow volumes expected to remain that way on Monday according to data from financial firm LSEG. One of the most important LNG export plants in the U.S., Freeport is closely watched thanks to a history of swaying global gas prices whenever it shuts down. “We have safely ramped down production at our liquefaction facility and intend to resume operations once it is safe to do so after this weather event,” officials…

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