Freeport LNG will not resume full operations at its liquefication plant on Quintana Island until the end of this year, according to the company’s Tuesday press release. While China’s LNG demand may be calming the hot LNG market, news that Freeport LNG’s Texas plant will not resume full operations until late 2022 may upset the market. “At this time, completion of all necessary repairs and a return to full plant operations is not expected until late 2022,” Freeport LNG said, adding that partial operations could be resumed within 90 days. Houston-based Freeport LNG suffered an explosion on June 8, causing the plant to shut down to assess the damage and perform repairs. Freeport LNG accounts for 20% of the United States’ total LNG export capacity, capable of processing 2.1 Bcf of gas per day. According to Freeport LNG, it is the seventh-largest liquefication facility in the world and the […]