Winter blast cripples production, processing capacity, refineries across Texas

摘要

The record-low temperatures sprawled across the Central andSouthern US over the past week not only lead to large-scale productionfreeze-offs at wellheads, but also exposed the threat bitter cold has onnatural gas processing plants and oil refineries.Unprecedented cold weather in the central United States hasresulted in widespread natural gas shortages in Texas, a region thatrarely sees sub-zero temperatures and is heavily reliant on gasproduction. At least 38 gas plants in Texas have shut down or reducedrates due to the cold weather, equivalent to 8.9 Bcf/d of gas processingplant capacity, according to data by the Texas Commission onEnvironmental Quality and S&P Global Platts Analytics.