Sure thing. And yeah, it would absolutely continue operating. But I do wonder how much fear it would create in the entire industry, and that might actually be the time to buy all the natgas stuff.
I certainly don't claim to be the know-it-all expert about any of this. But I'd imagine the entire Freeport LNG complex is probably made up of like dozens of different LLC's and partnerships to limit liability, so I have no idea what that debt even covers. Each train seems to have its own bank debt, etc. But there have to be some huge losses somewhere in the entangled web. The website says Smith owns 63% of Freeport LNG, but I don't even know what that means, because no way to know all the structures.
The other interesting part about how quickly things change is this huge complex was originally built before the US shale gas boom and was built to import LNG! lol
