Smallfish

the really bad news is they do not have a plan of cutting production.

When price is insanely low, why not cut productions?

Are they idiots?

Freeport LNG Receives Regulatory Approval for Commercial Operations of its Liquefaction Facility
FINAL Freeport LNG Restart Press Release 022123.pdf
Feb 21st, 2023

FREEPORT LNG RECEIVES REGULTAORY APPROVAL FOR COMMERCIAL OPERATIONS OF ITS LIQUEFACTION FACILITY

Houston, TX, February 21, 2022 – Freeport LNG Development, L.P. (Freeport LNG) today announced that it has received regulatory approval to commence commercial operations of the company’s natural gas liquefaction and export facility. Today’s authorization provides for the immediate full return to service of one liquefaction train, that has already restarted, and the incremental restart and full return to service of a second train. The restart and return to service of Freeport LNG’s third liquefaction train will require subsequent regulatory approval once certain operational conditions are met. A conservative ramp-up profile to establish three-train production of approximately 2.0 billion cubic feet per day is anticipated to occur over the next several weeks as stable operation of each incremental train is established and maintained. Operations are initially utilizing two of Freeport LNG’s three LNG storage tanks and one of its two LNG berths. The second LNG berth and third LNG storage tank are expected to return to service in May. First LNG production and ship loading from the facility began on February 11.

“Returning to liquefaction operations is a significant achievement for Freeport LNG,” said Michael Smith, Freeport LNG Founder, Chairman and CEO. “Over the past eight months, we have implemented enhancements to our processes, procedures and training to ensure safe and reliable operations, and significantly increased staffing levels with extensive LNG and petrochemical operating experience to reduce overtime, enhance operational excellence, and improve quality assurance and business performance. Eight months of diligence, discipline and dedicated efforts by our teams, working collaboratively alongside the regulatory agencies and local officials, have positioned us to resume LNG production and commence ramp-up to the safe establishment of commercial operations of our liquefaction facility.”

ABOUT FREEPORT LNG

Freeport LNG is an LNG export company headquartered in Houston, Texas. The company’s three train, 15 MTPA liquefaction facility is the seventh largest in the world and second largest in the U.S. Freeport LNG’s liquefaction facility is the largest all-electric drive motor plant of its kind in the world, making it the most environmentally sustainable site of its kind. The facility’s electric drive motors reduce carbon emissions by over 90% relative to gas turbine-driven liquefaction facilities. Freeport plans to expand by adding a fourth liquefaction train, which has received all regulatory approvals for construction. Freeport was formed in 2002 to develop, own and operate an LNG terminal on Quintana Island, near Freeport, Texas. The terminal started LNG import operations in June 2008 and began LNG export operations in 2019. Further information can be found on Freeport’s website at www.freeportlng.com.

MEDIA CONTACT: Heather Browne 713.980.2888

Freeport LNG Phase I request was approved moment ago.
Tains 2 and 3, Tanks 1 and 2, Loop 1 and Dock 1 were approved for
commercial production.
Basically, 2/3 of the production capability will be online in the next a few
days. The inflow gas to Freeport LNG will reach 1.0 bcf or even higher
very soon .
In the past 9 days, the average inflow of gas to Freeport LNG is around 0.4-0.5 bcf.
elibrary.ferc.gov/...
FEDERAL ENERGY REGULATORY COMMISSION
WASHINGTON, D.C. 20426
OFFICE OF ENERGY PROJECTS In Reply Refer To:
OEP/DLNG/LNG 2
Freeport LNG Development, L.P.
Docket No. CP03-75-000,
CP03-75-002, CP03-75-003,
CP03-75-004, CP05-361-000,
CP05-361-001, CP12-509-000
and CP12-29-000
§375.308(x)
February 21, 2023
VIA Electronic Mail
Mark W. Mallett, Chief Operating Officer
Freeport LNG Development, L.P.
MMallett@freeportlng.com
Re: Approval to Return to Service Certain Phase I Facilities
Dear Mr. Mallett:
I grant your request for Freeport LNG Development, L.P. (Freeport LNG) to
commission, including cooldown, of Liquefaction Train 2, and return to service certain
Phase I facilities, including Liquefaction Trains 2 and 3, Tanks 1 and 2, Loop 1 and
Dock 1. This approval is based on a review of the written request filed on February 13,
2023, previous submittals, and supplements filed on February 6, 7, 8 and 17, 2023 as well
as satisfactory progression of cooldown activities, including remedial actions taken during
cooldown.
Freeport LNG must follow all applicable plans, procedures, and mitigation
measures described in its previous submittals. Any modifications must be requested and
receive written approval prior to implementation. Freeport LNG must also continue to
provide and file weekly reports that details the progress toward completing related punchlist items, problems encountered (e.g., leaks, pipe movement exceeding limits, etc.), and
remedial actions taken until further notice. Any lessons learned during startup must be
applied to other facilities as applicable.
This letter does not grant authorization to commission or place Train 1 (Unit 11),
LNG Tank 3, Loop 2, and Dock 2 back into service. Authorization will only be granted
following the review of filed completed PSSR documentation, any responses requested, a
2
determination that the facilities are fit for service, and documentation that acceptable
measures have been put into place to safely return the facilities to operation. We also note
that Freeport LNG must also comply with any applicable PHMSA and U.S. Coast Guard
requirements.
File your responses in accordance with the provisions of the Commission's Rules of
Practice and Procedure. In particular, (18 CFR §385.2005) requires all responses to be
filed under oath by an authorized Freeport LNG representative, and 18 CFR §385.2010
(Rule 2010) requires service to each person whose name appears on the official service list
for this proceeding.
Commission staff will continue to coordinate with PHMSA, U.S. Coast Guard, and
Freeport staff on this matter. If you have any questions, please contact Karla Bathrick at
(202) 502-6328. Thank you for your cooperation.
Sincerely,
Andrew Kohout
Director, Division of LNG Facility
Reviews and Inspections
cc: VIA Electronic Mail
Bryan Lethcoe
Director, PHMSA Southwest Region Office
U.S. Department of Transportation
Bryan.Lethcoe@dot.gov
Sentho White
Director, PHMSA Engineering and Research
U.S. Department of Transportation
Sentho.White@dot.gov
Captain Jason E. Smith
Sector Commander, Sector Houston-Galveston
U.S. Coast Guard
jason.e.smith2@uscg.mil

@PapaWhisky
Some from old stock, some from new made LNG.

The gas flow to freeport is 0.5 bcf per day now. If they don't make LNG,
why they draw these gas into the plant?

Look like, Freeport prepare to restart train 2 and train 3 as well.

OFFICE OF ENERGY PROJECTS In Reply Refer To:
OEP/DLNG/LNG 3
Freeport LNG Development, L.P
Docket No. CP20-455-000
February 2, 2023
VIA Electronic Mail
Lisa Tonery
Attorney for Freeport LNG Development, L.P.
Orrick, Herrington & Sutcliffe, LLP
ltonery@orrick.com
Re: Notice to Proceed with Pressure Testing and Cleaning, Dry-out, Inerting, and
Tightness Testing of BOG Piping
Dear Ms. Tonery:
I grant your February 1, 2023 request for Freeport LNG Development, L.P.,
FLNG Liquefaction, LLC, FLNG Liquefaction 2, LLC, and FLNG Liquefaction 3, LLC
(collectively, “Freeport LNG”) to proceed with pressure testing of the boil-off gas (BOG)
tie-ins in compliance with condition 23, as well as cleaning, drying-out, inerting, and leak
testing of the BOG tie-ins in compliance with condition 22 for the jurisdictional BOG
piping of the Noble Gas Project. Your request is in compliance with Conditions 22 and
23 of the Commission’s June 21, 2021 Order Granting Authorization Under Section 3 of
the Natural Gas Act (Order) in the above-referenced docket. This approval is based on
staff inspections and review of the information filed on February 1, 2023.
I remind you that Freeport LNG must comply with all applicable remaining terms
and conditions of the above referenced Order, as well as procedures stipulated in your
previous filings.
Please note that this letter does not grant Freeport LNG the authority to commence
construction of other project facilities or introduce hazardous fluids to the proposed
facilities. Additional authorizations will be released once Freeport LNG has demonstrated
full compliance with the conditions of the Order.

@Smallfish
Are those big institute investors so stupid?
Unbelievable!

@houtex

I am preparing a article for this issue, wait a moment.

@MedTechBio

The approval processing is much faster than many analysts thought.
Like the guy, Ade Allen:

www.reuters.com/...

"Our expected timeline for restart remains mid-March," Rystad Energy analyst Ade Allen wrote in a report published before the FERC filing was posted.

"We expect it will take about 60 days from restart to 100% utilization," Allen added.

Great news for bulls!
Freeport LNG Gets Regulatory Approval
The Federal Energy Regulatory Commission has given Freeport LNG Development, L.P. the approval it req

BIden administration just want kill the fossil industry by bleeding them with shutting their plants forever. It is a lot of money. Everyday, the workers, the boss, the local business, the local government, and the US in whole lose a lot of money, around 200m dollar/day, for more than 7 months.

UPDATE 1-Freeport LNG says it completed repairs, seeks to restart some operations​
Scott DiSavino
Mon, January 23, 2023 at 2:25 PM EST·1 min read
I
By Scott DiSavino
Jan 23 (Reuters) - Freeport LNG, the second largest U.S. liquefied natural gas exporter, on Monday said it had completed repairs to its Texas plant and asked U.S. regulators for permission to take early steps to restart the fire-idled facility.
The closely-held U.S. liquefied natural gas (LNG) company's export facility was knocked offline by a fiery blast on June 8 and barred from resuming production until federal regulators completed an extensive safety review and approved resulting changes.
On Monday, Freeport sought permission to begin introducing LNG into the plant's piping system, according to a filing with the U.S Federal Energy Regulatory Commission (FERC). It asked for a response to the request by Jan. 24.
- ADVERTISEMENT -
The procedure would be a first step to returning the 15 million tonne per year export facility to normal operations after a seven month outage. The company said "subsequent approvals would be necessary" to fully return the liquefaction trains to service.
It sought approval "to commence cool down of its Loop 1 transfer piping and reinstate the facility's boil off gas management compressors and associated piping," the filing said. The work would take about 11 days.
An approval would allow the "introduction of LNG into the piping systems to allow the piping to cool down to cryogenic temperatures necessary for circulation of LNG within the Loop 1 piping system and to transfer LNG to Dock 1 of the export facility," Freeport said. (Reporting by Scott DiSavino in New York Editing by Nick Zieminski)

UPDATE 1-Freeport LNG says it completed repairs, seeks to restart some operations​
Scott DiSavino
Mon, January 23, 2023 at 2:25 PM EST·1 min read
I
By Scott DiSavino
Jan 23 (Reuters) - Freeport LNG, the second largest U.S. liquefied natural gas exporter, on Monday said it had completed repairs to its Texas plant and asked U.S. regulators for permission to take early steps to restart the fire-idled facility.
The closely-held U.S. liquefied natural gas (LNG) company's export facility was knocked offline by a fiery blast on June 8 and barred from resuming production until federal regulators completed an extensive safety review and approved resulting changes.
On Monday, Freeport sought permission to begin introducing LNG into the plant's piping system, according to a filing with the U.S Federal Energy Regulatory Commission (FERC). It asked for a response to the request by Jan. 24.
- ADVERTISEMENT -
The procedure would be a first step to returning the 15 million tonne per year export facility to normal operations after a seven month outage. The company said "subsequent approvals would be necessary" to fully return the liquefaction trains to service.
It sought approval "to commence cool down of its Loop 1 transfer piping and reinstate the facility's boil off gas management compressors and associated piping," the filing said. The work would take about 11 days.
An approval would allow the "introduction of LNG into the piping systems to allow the piping to cool down to cryogenic temperatures necessary for circulation of LNG within the Loop 1 piping system and to transfer LNG to Dock 1 of the export facility," Freeport said. (Reporting by Scott DiSavino in New York Editing by Nick Zieminski)

UPDATE 1-Freeport LNG says it completed repairs, seeks to restart some operations​
Scott DiSavino
Mon, January 23, 2023 at 2:25 PM EST·1 min read
I
By Scott DiSavino
Jan 23 (Reuters) - Freeport LNG, the second largest U.S. liquefied natural gas exporter, on Monday said it had completed repairs to its Texas plant and asked U.S. regulators for permission to take early steps to restart the fire-idled facility.
The closely-held U.S. liquefied natural gas (LNG) company's export facility was knocked offline by a fiery blast on June 8 and barred from resuming production until federal regulators completed an extensive safety review and approved resulting changes.
On Monday, Freeport sought permission to begin introducing LNG into the plant's piping system, according to a filing with the U.S Federal Energy Regulatory Commission (FERC). It asked for a response to the request by Jan. 24.
- ADVERTISEMENT -
The procedure would be a first step to returning the 15 million tonne per year export facility to normal operations after a seven month outage. The company said "subsequent approvals would be necessary" to fully return the liquefaction trains to service.
It sought approval "to commence cool down of its Loop 1 transfer piping and reinstate the facility's boil off gas management compressors and associated piping," the filing said. The work would take about 11 days.
An approval would allow the "introduction of LNG into the piping systems to allow the piping to cool down to cryogenic temperatures necessary for circulation of LNG within the Loop 1 piping system and to transfer LNG to Dock 1 of the export facility," Freeport said. (Reporting by Scott DiSavino in New York Editing by Nick Zieminski)

UPDATE 1-Freeport LNG says it completed repairs, seeks to restart some operations​
Scott DiSavino
Mon, January 23, 2023 at 2:25 PM EST·1 min read
I
By Scott DiSavino
Jan 23 (Reuters) - Freeport LNG, the second largest U.S. liquefied natural gas exporter, on Monday said it had completed repairs to its Texas plant and asked U.S. regulators for permission to take early steps to restart the fire-idled facility.
The closely-held U.S. liquefied natural gas (LNG) company's export facility was knocked offline by a fiery blast on June 8 and barred from resuming production until federal regulators completed an extensive safety review and approved resulting changes.
On Monday, Freeport sought permission to begin introducing LNG into the plant's piping system, according to a filing with the U.S Federal Energy Regulatory Commission (FERC). It asked for a response to the request by Jan. 24.
- ADVERTISEMENT -

The procedure would be a first step to returning the 15 million tonne per year export facility to normal operations after a seven month outage. The company said "subsequent approvals would be necessary" to fully return the liquefaction trains to service.
It sought approval "to commence cool down of its Loop 1 transfer piping and reinstate the facility's boil off gas management compressors and associated piping," the filing said. The work would take about 11 days.
An approval would allow the "introduction of LNG into the piping systems to allow the piping to cool down to cryogenic temperatures necessary for circulation of LNG within the Loop 1 piping system and to transfer LNG to Dock 1 of the export facility," Freeport said. (Reporting by Scott DiSavino in New York Editing by Nick Zieminski)

With a rumor, people with short position could make millions dollar.
it has been 5 months, people almost lost patience.

There could be more false rumor on the way, for short or long party.

@el Lumpy

After the midterm election!
When Biden and Democratic party asked Saudi Arabic and OPEC+ to postpone the 2M barrel /day crude oil reduction until after midterm election,
the Arabic people rejected. And the party got crazy.

For the Freeport LNG plant, Biden and Democratic party can do it easily.
The Freeport LNG plant initially planed to reopen in October. The government must said no. Then they changed to after midterm election.

To win a midterm election, Biden and Democratic party have done a lot of
things. When oil price is around 100 dollars, they released more than 200M
barrels of SPR ( Strategic Petroleum Reserve), cut the inventory by half from 700M to below 400M ( the lowest in past 50 years).

Even in 2008, when oil price is over 140 dollars, that president did not
do things like this .

This is an insane world.

Wish another bog collapse of natural gas price which can crush Tobby Rice (CEO) and EQT. Tobby Rice has kept making all kinds of mistakes,
full hedge at low price, wrong prediction and acquisition at high price.
He should be removed from the CEO position of EQT long time ago.

eqt CEO and hedge department are idiots. they throw billions of dollars into water

last time， when CHK went to bankruptcy， they left nothing for small investors，not even a penny. If the gas price collapses again in the future,
you will get nothing for another time. If you would like invest in gas and oil,
why not put your money in some reputable companies, such as xom, cvx,
even EQT?

they did not loss that money, because they never got it.
their risk management is very shitty.