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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