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(Additional information)
US natural gas prices
NGC1 fell on Tuesday due to rumors that the export factory of the American Liveport LNG Livefire LNG natural gas company in Texas is closed.
Freeport officials refused to comment.
Freeport is one of the most monitored LNG export factories in the world, as starting and stopping its operations often cause price fluctuations on global gas markets.
-When flows to freeport decrease, gas prices in the United States are generally decreasing due to the drop in demand in fuel at the export factory, while prices in Europe generally increase due to a drop in LNG supply available in the world markets from the factory.
Gase prices in the United States dropped around 3 % on Tuesday. NGA/ NG/ EU
Before the announced stop, the quantity of gas routed to Freeport was on the way to reaching 2.0 billion cubic feet per day on Tuesday, which corresponds to the average of the last seven days, according to data from the LSEG financial company.
The three freeport liquefaction trains are able to transform around 2.1 billion cubic feet of gas in LNG.
A billion cubic feet of gas is enough to feed around 5 million American households for a day.
