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texas-lng-secures-permits-and-nears-final-investment-decision
texas-lng-secures-permits-and-nears-final-investment-decision

Texas LNG secures permits and nears final investment decision

Texas LNG, a proposed four million tonnes per annum liquefied natural gas (LNG) export terminal to be constructed in the Port of Brownsville, Texas, has received the relevant permits required for a final investment decision.

Specifically, the Glenfarne Energy Transition subsidiary has received its Section 10 and Section 404 permits from the US Army Corps of Engineers (USACE) and Texas state-level approval from the Railroad Commission of Texas under The Coastal Zone Management Act of 1972.

Brendan Duval, CEO and founder of Glenfarne Energy Transition, said that with the permits in hand and the contracts signed, Glenfarne hope to commercialise Texas LNG in the first half of 2024.

He added, “Texas LNG has both its Federal Energy Regulatory Commission permit and Department of Energy non-Free Trade Agreement permit in hand, and we believe that makes the project among the most attractive options for contracting US LNG.”

News of the permits follows Texas LNG’s recently signed heads of agreement with US energy company EQT Corporation.

With the signing, it is hoped that a definitive 15-year liquefied natural gas (LNG) tolling agreement for 0.5 million tonnes per annum of LNG will be signed. The LNG would come from the first train of Texas LNG.

Read more: Texas LNG Brownsville signs tolling agreement with EQT

Glenfarne also recently announced partnerships with Baker Hughes and ABB to help develop the terminal, representing more than half a billion dollars’ worth of equipment selections for Texas LNG to date.

Texas LNG expects to close its project financing in 2024 with construction commencing shortly thereafter. The first LNG exports from Texas LNG are expected to be shipped in 2028.

Glenfarne, a developer, owner, and operator of energy transition infrastructure, is the majority owner and managing member of Texas LNG. The company is also the sole owner and developer of the 8.8 million tonnes per annum Magnolia LNG in Lake Charles, Louisiana.

Decarbonisation Summit 2024: Industrial Gases and Clean Energies 3.0

The global industrial gas and equipment business has an imperative role to play in the future of clean fuels and decarbonisation. The energy transition simply won’t happen without it.

At the same time, the industry has its own activities to decarbonise and circular economies to carve out – think green air gases and bio-based carbon dioxide (CO2), as well as CO2 utilisation and e-fuels, and so much more besides.

There are pathways to progress and questions to answer on this journey, not least:

  • What are the compelling clean fuels and what do the pathways to production look like?
  • How can the gases industry participate in this playground of opportunities?
  • What can other alternative fuels mean for the CO2 industry and its stakeholders?

These questions and more will be in the spotlight at gasworld’s Decarbonisation Summit in April 2024. Interested in speaking and contributing? Get in touch with our Content Director, Rob Cockerill, at [email protected]

To attend, sponsor and for more information, visit https://bit.ly/GWDECARB-S24 


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