Texas LNG deal

Written by  John McKay
Wednesday, 24 July 2024
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July 24 (LNGJ) - Texas LNG Brownsville, the liquefied natural gas export plant to be constructed in the Port of Brownsville in Texas and a subsidiary of Glenfarne Energy Transition, has executed a definitive 20-year tolling agreement for natural gas liquefaction services with Pittsburgh, Pennsylvania-based EQT Corp. The deal solidifies the two Heads of Agreement signed by Texas LNG and EQT earlier in 2024.

   “Glenfarne’s partnership with EQT will bring low-emission natural gas to transitioning and emerging markets, powering the globe’s phase out of legacy, carbon-intensive fuels,” said Brendan Duval, Glenfarne’s Chief Executive and Founder and Co-President of Texas LNG. “Beyond this partnership with EQT, Texas LNG is actively converting its other HOAs into definitive agreements in preparation for a final investment decision,” Duval added.

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