Annova LNG, the medium-scale US project planned for the south bank of the Brownsville Ship Channel in Texas, will not now be proceeding following a decision by investors to cancel the venture, while the Chief Executive has already left the project to join Canadian pipeline company TC Energy.
Feb 13 (LNG) - Annova LNG, the small export project planned for the Port of Brownsville in south Texas, has received a 20-year permit from the Department of Energy to export cargoes to nations without a Free Trade Agreement with the US. The liquefaction plant will produce around 7 million tonnes per annum of LNG.
“This authorization from the DoE allows us to reach more customers worldwide and is another milestone accomplished as we make progress towards a final investment decision,” said Omar Khayum, Chief Executive of Annova.
The US Annova liquefied natural gas export project planned for the south bank of the Brownsville Ship Channel in Texas, and whose owners include Chicago-based power company Exelon Corp., has signed an accord to arrange feed-gas deliveries from the Agua Dulce hub in Texas.