14 Jun '22 at 8:54 am #38677
Keymaster
US natural gas futures crashed almost 20% to under $7/MMBtu for the first time since early May after #FreeportLNG said it doesn’t expect the terminal to return to entire plant operations until late 2022, with partial operations resuming perhaps in three months. Freeport receives about 2 billion cubic feet of gas per day or roughly 16% of US LNG export capacity.