Tortoise Senior Portfolio Manager Rob Thummel in CNBC

Natural gas plummets as Freeport delays facility restart following explosion

Natural gas prices plunged on Tuesday, after Freeport LNG said its facility that had a fire last week likely won’t be back up and running soon.

″[C]ompletion of all necessary repairs and a return to full plant operations is not expected until late 2022,” the company said Tuesday in a statement. The facility, located in Quintana Island, Texas, had an explosion last Wednesday.

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