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New hope for NATGAS? Freeport terminal resumes operations

2:20 PM 20 December 2022

Data from pipelines in the U.S. show that Freeport terminal is starting to take gas out of the system, which means that the Texas export terminal is likely to resume operations. In theory, this could mean that there will be less gas in the system, which should support prices. Freeport accounted for as much as 15-20% of export capacity from the US. Even so, gas extends the loss to 5% in today's session. 

Source: xStation5

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