Texas LNG Brownsville project of Glenfarne Energy Transition confident of sell-out in free-on-board cargoes
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.
US shale-gas producer and emerging LNG player EQT ends eventful quarter with fall in profits but brighter prospects
EQT Corp., the leading US natural gas producer in the Appalachian shale basins and an emerging LNG player, reported a dropped in net income in the first quarter of 2024 as prices were lower, sales increased and a merger was agreed with Equitrans Midstream Corp.
Swiss-based commodities firm Gunvor reports 47 percent drop in net profits while building future LNG supplies
Gunvor Group, the Swiss-based global commodities firm and trader in oil, petroleum products and liquefied natural gas with future LNG supply deals in Texas and Louisiana, posted a 47 percent drop in annual net profits as prices declined across the energy spectrum.
Glenfarne advances Texas LNG plans at Port of Brownsville by selecting terminal services from Gulf LNG Tugs
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.
Glenfarne’s Texas LNG at Brownsville receives last regulatory clearances to open way for investment decision
Texas LNG, the liquefied natural gas export plant to be constructed by New York-based Glenfarne Group in the Port of Brownsville, has received its last regulatory clearances opening the way for a final investment decision.
EQT tolling deal
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 project at Brownsville plans for final investment decision in 2023 with additional mitigation measures
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.
LNG developer Glenfarne Group overhauls business and is proceeding with Texas and Louisiana projects
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.
