# Fire-damaged Freeport LNG gets U.S. approval for partial restart

> U.S. regulators approved a partial restart of the fire-damaged Freeport LNG export terminal. U.S. natural gas futures settled 9% lower at $2.073 per mmBtu, extending a decline driven by weaker heating demand and rising output and storage.

- Date: 2023-02-21 · published 2023-02-21T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/37515-fire-damaged-freeport-lng-gets-u-s-approval-for-partial-restart
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Restored LNG export capacity draws more U.S. gas abroad, which supports Henry Hub prices somewhat, but the domestic surplus still limits the upside.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-08-23 | [U.S. natgas falls 5% on delay of Freeport LNG plant restart \| Reuters](https://feedsoft.ai/events/40210-u-s-natgas-falls-5-on-delay-of-freeport-lng-plant-restart-reuters.md) | -4.8% | -19.5% |
| NATGAS | 2022-06-09 | [Freeport LNG fire cuts key source of U.S. gas supply to Europe, Asia \| Reuters](https://feedsoft.ai/events/41136-freeport-lng-fire-cuts-key-source-of-u-s-gas-supply-to-europe-asia-reuters.md) | -16.4% | -31.4% |
| NATGAS | 2022-06-14 | [Natural gas plummets as Freeport delays facility restart following explosion](https://feedsoft.ai/events/6799-natural-gas-plummets-as-freeport-delays-facility-restart-following-explosion.md) | -23.8% | -24.1% |
| NATGAS | 2022-06-14 | [News of lengthy Freeport LNG terminal outage hits NYMEX gas futures](https://feedsoft.ai/events/6798-news-of-lengthy-freeport-lng-terminal-outage-hits-nymex-gas-futures.md) | -23.8% | -24.1% |
| NATGAS | 2023-02-22 | [Freeport LNG outage showed growing connection of US supply, global gas market](https://feedsoft.ai/events/37520-freeport-lng-outage-showed-growing-connection-of-us-supply-global-gas-market.md) | +25.0% | +1.5% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/fire-damaged-freeport-lng-receives-approval-partial-restart-2023-02-21/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.