LNG tanker in Port Aransas, Texas. (Source: Pietro D. Pitts)
Glenfarne Energy Transition announced Jan. 25 that its Texas LNG project finished the permitting process necessary for a final investment decision.
The project, a 4 MMmt/year LNG export facility to be built in Brownsville, Texas, received section 10 and 404 permits from the U.S. Army Corps of Engineers, as well as approval from the Texas Railroad Commission.
As the project already has the required approvals, it will not be subject to the LNG permitting pause announced Jan. 26 by the Biden administration. The directive only applies to projects that have not yet received Department of Energy approval.
Earlier in January, Glenfarne Energy Transition announced an agreement with EQT for NGL services. The deal is based on an expected 15-year LNG tolling agreement for 500,000 MMmt/year from the first train at Texas LNG.
“With these permits in hand and contracts signed, Glenfarne anticipates concluding commercialization of Texas LNG in the first half of 2024,” Brendon Duval, CEO and founder of Glenfarne, said in a statement. “Texas LNG has both its Federal Energy Regulatory Commission permit and Department of Energy non-Free Trade Agreement permit in hand, and we believe that makes the project among the most attractive options for contracting U.S. LNG.”
For the project, Glenfarne is in a partnership with Baker Hughes for gas management services and ABB for electrical and automation support. Glenfarne expects to start construction once project financing is wrapped up by the end of 2024. Texas LNG is expected to begin exporting by 2028.
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