The return of Freeport LNG
Commodities Focus
00:00
The Impact of Freeport LNG Outage on the Global LNG Market
The impact of this outage has had really opposite effects on the international market versus the domestic one. Freeport is expected to be the single largest supply edition to the global LNG market in 2023 relative to 2022. It's still coming back at a time where prices have fallen sharply from 2022 levels, although they remain high relative to historical norms. And what's interesting right now is these short loads that are going on in Freeport. They may not need those, car goes, necessarily for the round. However, recently, Argentina's state energy importer issued a tender that they awarded to some portfolio players and a commodity trader. The tender was for deliveries between March and August to Escobar,.
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