A roundup of news and commentary from NGI’s LNG Insight
- Freeport LNG Development LP filed a certificate of compliance report at FERC late Wednesday, bringing the project one step closer to restarting after an explosion knocked the facility offline in June. The document was confidential and unavailable to the public.
- The company is still targeting a mid-November restart despite the time it could take for regulators to sign off on its plans. The Pipeline and Hazardous Materials Safety Administration has yet to receive Freeport’s remedial work plan or a request to restart operations.
- “It is likely that a facility restart is not imminent as regulators will need to review Freeport’s submissions, and could require further modifications or alterations,” said EBW Analytics Group senior analyst Eli Rubin in a note to clients Thursday.
- Feed gas deliveries to Cheniere Energy Inc.’s Sabine Pass export terminal are down by 1 Bcf from week-ago levels, according to NGI’s U.S. LNG Export Flow Tracker. Deliveries to the terminal have been cut by maintenance work on Kinder Morgan Inc.’s NGPL pipeline, according to a notice from the operator.
- German utility Uniper SE on Thursday reported a $39.3 billion net loss through the first nine months of the year, citing the dramatic decline in Russian gas deliveries that forced the company to replace those imports with costlier supplies. The German government recently nationalized the utility.