Producer
Freeport LNG Development LP
US LNG company (private); operator of Freeport LNG terminal on Quintana Island, Brazoria County, Texas — the second-largest LNG export terminal in the US with ~15 mtpa capacity across 3 trains. Freeport LNG suffered a catastrophic explosion and fire on June 8, 2022 that shut down the entire terminal; the facility did not resume full operations until February 2023 — an 8-month outage. The outage removed ~2.2 Bcf/day from US LNG exports at the precise moment Europe was most desperately seeking non-Russian LNG supply post-Nord Stream 1 sabotage (September 2022). FERC and DOT investigations found the explosion was caused by LNG liquid overfill into a vapor pipe — a process safety failure. Freeport LNG's outage contributed to JKM and TTF spot LNG price spikes in late 2022 and directly affected European energy security at a critical moment.
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