US Regulator to Allow Freeport LNG to Resume Partial Operations in October

After an explosion and fire caused Freeport LNG to shut down its Quintana, Texas, plant in June, it will resume operations later this year.

Liz Hampton, Reuters

The second-largest U.S. LNG exporter on Aug. 3 said it reached an agreement with a federal regulator that will allow it to resume some operations at its Quintana, Texas, plant in October.

Freeport LNG shut the plant, which supplies about 20% of U.S. LNG exports, following an explosion and fire on June 8. Its closure helped to push up LNG prices in Europe and Asia and dampen U.S. natural gas prices.

The operator reached a consent agreement with the Pipeline and Hazardous Materials Safety Administration that included corrective measures the company must take to allow it to resume partial operations, it said in a statement.

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