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.

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.

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.

Glenfarne, a New York-based fund specialising in energy infrastructure investment, is keeping the regulatory pot boiling on the Magnolia LNG export plant in Louisiana by filing a monthly activities report for through October 2021 after the completion deadline was extended to 2026.

Glenfarne Group, the owner of the Magnolia LNG export project in Louisiana, has been granted five more years by the Federal Energy Regulatory Commission to complete the Louisiana plant and associated facilities.

Glenfarne Group, the owner of the Magnolia LNG export project in Louisiana, has made a request to the Federal Energy Regulatory Commission for five more years to complete the plant and associated facilities.

The regulators had previously approved construction of Magnolia LNG and related pipeline expansions in April 2016 under its previous owner, the Australian-listed company LNG Ltd that ceased trading amid financial difficulties.

That approval had required LNG Ltd to complete the project within five years, by April 2021.

The Magnolia plant is proposed for a 115-acre site near the Calcasieu Ship Channel. It is designed to produce 8.8 million tonnes per annum of LNG from four Trains.

“Unforeseeable developments in the global LNG market have affected Magnolia LNG’s ability to enter into long-term LNG offtake contracts,” privately-held Glenfarne told the FERC in requesting the extension.

“Magnolia and pipeline provider Kinder Morgan request a five-year extension of their authorizations, up to and including April 15, 2026, to place the Magnolia LNG Project facilities and Lake Charles Expansion Project facilities, respectively, into service,” Glenfarne added in its Magnolia project filing.

A final investment decision had not yet been taken on Magnolia as it sought to finalize a purchase agreement with a Vietnamese power and import venture in the Mekong Delta. That accord has now lapsed.

Glenfarne also acquired LNG Ltd.’s patented optimized single mixed refrigerant (OSMR) liquefaction technology from the Australian administrators.

Its purchase of Magnolia boosts the amount of US LNG export capacity Glenfarne has under development to 12 MTPA as it also owns Texas LNG Brownsville.

The Texas project received authorization from the FERC in November 2019 for the facility to be sited along the Brownsville Ship Channel.

Texas LNG seeks to supply Permian feed-gas as LNG to global customers along with two other rival projects being developed alongside.

These are the Rio Grande LNG project with five liquefaction Trains and over 26 MTPA of output and the smaller scale Annova LNG venture.

Rio Grande is own by NextDecade Corp and one of the main shareholders in Annova is Exelon Corp, the utility headquartered in Chicago.

All three Brownsville projects have pushed back their investment decisions and original construction and engineering timetables.

Glenfarne’s Texas LNG leadership still includes the project's co-founders, Chief Executive Vivek Chandra and Chief Operating Officer Langtry Meyer.

The sale to Glenfarne by the Australian administrators of LNG Ltd assets did not include the proposed Bear Head LNG project in the Canadian province of Nova Scotia with 12 MTPA of capacity.

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.

Texas LNG Brownsville, the mid-scale export plant proposed by industry veterans Vivek Chandra and Langtry Meyer, has been handed a ruling by the Texas Commission on Environmental Quality that it would issue an air permit allowing the construction and operation of the liquefaction facility.

The project is one of three being developed around the South Texas port and will be built on a 625-acre site located on the Port of Brownsville's deepwater ship channel near plentiful natural gas supplies and pipelines.

Texas LNG plans to ship 4 million tonnes per annum of cargoes to established and emerging markets.

“We appreciate the hard work and effort from TCEQ and are pleased to have reached this important achievement that paves the way for a 2021 final investment decision and construction of an LNG facility consistent with all air emission regulations,” said the project’s joint founder Chandra who is Chief Executive.

“Though current LNG markets are unusual in terms of pricing and supply dynamics, Texas LNG is confident that its low-cost, flexible commercial model, and realistically-sized production volumes will be key differentiators, ideally suited for global customers when operations begin in 2025,” explained the CEO.

The other two projects planned for the Brownsville Ship Channel area are Rio Grande LNG run by Houston-based NextDecade Corp. and Annova LNG whose backers include Chicago-based power company Exelon Corp.

The Rio Grande venture plans to produce 27 MTPA while Annova is aiming for 6.95 MTPA.

Langtry Meyer, the other co-founder of Texas LNG Brownsville and who is Chief Operating Officer said his company was committed to operating in an environmentally responsible manner.

“This includes the use of electric motors instead of conventional gas turbine compressors to minimize air emissions, making the facility one of the world’s cleanest LNG liquefaction plants,” Meyer explained.

“By delivering clean, safe, low-cost Texas natural gas energy to our customers around the world, Texas LNG can contribute to a cleaner global environment,” he stated.

The TCEQ air permit adds to the November 2019 authorization from the Federal Energy Regulatory Commission to proceed with the project.

Other permits received include one from Department of Energy to export US-sourced LNG to any country with which trade is not prohibited by federal law or policy.

Texas LNG will aim to source low cost and abundant Permian Basin feed gas using third-party pipeline infrastructure and an efficient modular construction design for the plant.

The Rio Grande LNG export plant proposed for a 984-acre site in the Port of Brownsville in Texas has been issued with a notice to proceed by regulators with the implementation plan and site preparation as well as equipment mobilization.