LNG

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.

Texas LNG Brownsville, the US Gulf Coast export project, said it was making solid advances in signing accords for all volumes available as it remains on track for a final investment decision.

Texas LNG, the US export project being constructed in the Port of Brownsville in Texas as a subsidiary of New York-based Glenfarne Energy Transition, has signed a supply accord with the Singapore-based trading unit of global commodities firm Gunvor.

March 15 (LNGJ) - Texas LNG, the liquefied natural gas export project to be constructed by the New York-based Glenfarne Group at the fully permitted site at the Port of Brownsville, has received sufficient “expressions of interest from leading project finance banks” to move to the execution phase of project financing. Glenfarne said it had also appointed Latham & Watkins as Borrower’s counsel and Milbank as Lenders’ counsel for the issuance.

   The firm noted that these lenders have been key supporters of Glenfarne, having led over $4 billion of financing to Glenfarne’s businesses over the last 10 years for various energy transition-focused assets. “Texas LNG’s financing consortium will be comprised of the world’s leading institutions that recognize the attributes of the project and Glenfarne’s excellent history of building energy transition infrastructure,” said Brendan Duval, Chief Executive and Founder of Glenfarne Energy Transition. The first LNG exports from Texas LNG are expected to be shipped in 2028.

Texas LNG, the liquefied natural gas export project to be constructed by the New York-based Glenfarne Group, has selected Gulf LNG Tugs of Texas to assist LNG carriers arriving and departing from the fully permitted facility at the Port of Brownsville.

Jan 12 (LNGJ) - Texas LNG Brownsville, a subsidiary of Glenfarne Energy Transition, has signed a Heads of Agreement with US shale-gas company EQT Corp. for natural gas liquefaction services. The HOA anticipates the finalization of a definitive 15-year LNG tolling agreement for 500,000 tonnes per annum of LNG from the first Train of the Texas venture. Texas LNG has proposed annual output of 4 million tonnes per annum from the facility at the Port of Brownsville in Texas.

   “We are proud to welcome EQT as a customer and partner for Texas LNG, with our industry-leading low-emissions facility liquefying US natural gas for global markets,” said Brendan Duval, Glenfarne Chief Executive and Founder. “This is an important milestone for Texas LNG, with additional agreements to be announced in the near-term as we progress towards a final investment decision,” Duval added. Glenfarne is also the owner and developer of the 8.8 MTPA Magnolia LNG project in Lake Charles, Louisiana.

Texas LNG, the liquefied natural gas export plant to be constructed by New York-based Glenfarne Group in the Port of Brownsville, has been issued with two additional mitigation measures by regulators and said it was still on track to make a final investment decision in 2023.

Glenfarne Group, the US developer and operator of global energy and infrastructure assets and of the Texas LNG Brownsville and Magnolia LNG projects in Texas and Louisiana, has overhauled the business and formed Glenfarne Energy Transition (GET) for its energy assets while giving estimates for LNG final investment decisions.

Vietnam is making progress on several liquefied natural gas import projects to support associated power plants and one such venture in Bac Lieu Province in the southern Mekong Delta has been highlighted in a half-yearly Vietnamese report on the economy.

The mystery buyer of the Magnolia LNG export project near Lake Charles in Louisiana has come out from cover after a deal with London-based Global Energy Megatrend Ltd. fell through at the last minute and it was finally bought by a Delaware-based entity.