Natural gas flows to Freeport LNG export plant in Texas fall on Wednesday, sources say

HOUSTON, May 28 (Reuters) - Natural gas flows to a Freeport LNG export plant in Texas declined on Wednesday, likely leading to a reduction in LNG output, sources said.

Freeport is one of the most closely watched LNG export plants in the world because the start and stop of its operations often cause price swings in global gas markets.

When flows to Freeport drop, gas prices in the U.S. usually decline due to lower demand from the export plant for the fuel. Meanwhile prices in Europe usually increase due to a drop in LNG supplies available to global markets from the plant.