Texas LNG, a subsidiary of Glenfarne Energy Transition, LLC, has successfully obtained Section 10 and Section 404 permits from the U.S. Army Corps of Engineers and state-level approval from the Railroad Commission of Texas for its 4 MTPA LNG export terminal in the Port of Brownsville. These crucial permits, obtained under The Coastal Zone Management Act of 1972, mark a significant step towards the final investment decision.
The company recently announced a Heads of Agreement (HOA) with EQT Corporation for natural gas liquefaction services, covering 0.5 MTPA of LNG. Negotiations for the remaining project volumes are in advanced stages, with further agreements expected soon.
Brendan Duval, CEO and Founder of Glenfarne Energy Transition expressed confidence in concluding the commercialization of Texas LNG by the first half of 2024. With all necessary permits, including those from the Federal Energy Regulatory Commission and the Department of Energy, Duval believes Texas LNG is among the most attractive options for contracting U.S. LNG.
Glenfarne has forged partnerships with Baker Hughes and ABB, representing significant equipment selections for the project. Project financing is expected to be finalized in 2024, paving the way for construction to commence later in the year. The first LNG exports from Texas LNG are anticipated in 2028.
Designed as one of the lowest-emitting export terminals globally, Texas LNG aims to provide reliable, responsibly sourced U.S. LNG, contributing to the global energy transition to renewables and enhancing energy security.
About Texas LNG
Texas LNG is a 4 MTPA LNG export facility to be constructed in the Port of Brownsville, Texas and a subsidiary of global energy transition leader, Glenfarne Energy Transition, LLC. Texas LNG is led by an experienced team committed to creating one of the greenest LNG facilities in the world through electric motor drives resulting in the cleanest, lowest emitting LNG exports from the U.S. Additional information about Texas LNG may be found on its website at www.texaslng.com.
About Glenfarne Energy Transition
Glenfarne Energy Transition, LLC is a subsidiary of Glenfarne Group, LLC, a privately held energy and infrastructure development and management firm based in New York City and Houston, Texas, with offices in Dallas, Texas; Panama City, Panama; Santiago, Chile; Bogota, Colombia; Barcelona, Spain; and Seoul, South Korea. Glenfarne Energy Transition aims to address the “here and now” global energy transition through three core businesses: Global LNG Solutions, Renewables, and Grid Stability. The company’s seasoned executives, asset managers, and operators develop, acquire, manage, and operate energy infrastructure assets throughout North and South America. For more information, please visit www.GlenfarneEnergyTransition.com.