02-07-2024
Texas LNG signs offtake agreement with affiliate of top tier market participant
Texas LNG Brownsville LLC , a four million tonnes per annum liquefied natural gas export terminal to be constructed in the Port of Brownsville, Texas, a subsidiary of Glenfarne Energy Transition, LLC, has signed a non-binding Heads of Agreement with an affiliate of a top-tier credit-rated market participant for a long-term LNG free-on-board sale and purchase agreement for 0.5 MTPA of LNG from Texas LNG.
“This agreement positions Texas LNG on the verge of full sell out, and we look forward to finalizing our offtake partnerships in the near future,” said Brendan Duval, CEO and Founder, Glenfarne Energy Transition and Co-President of Texas LNG.
Texas LNG is in advanced negotiations with several potential offtakers for the remaining volume of the project.
Glenfarne Energy Transition, a developer, owner, and operator of energy transition infrastructure, is the majority owner and managing member of Texas LNG. Texas LNG will begin construction in 2024 and commence commercial operations in 2028. The Glenfarne Energy Transition LNG portfolio also includes the 8.8 MTPA Magnolia LNG export facility under development in Lake Charles, Louisiana.
News Category:
-
TotalEnergies to cease operating its oldest steam cracker in Antwerp
TotalEnergies’ Antwerp platform provides an update on its investments for the future and announces plan to reconfigure its petrochemicals operations to strengthen competitiveness. ...
23-04-2025
-
HOERBIGER to break ground on new Florida Campus in Florida
HOERBIGER Corporation of America will hold a ceremony to commemorate the groundbreaking of its future home, the HOERBIGER Florida Campus, on Wednesday, April 23rd. Construction ...
22-04-2025
-
Amogy and JGC to accelerate commercialisation of ammonia cracking catalyst
Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, today announced the first pilot plant deployment of its advanced ammonia cracking catalyst ...
17-04-2025
-
Clariant teams up with Technip to introduce new steam-to-oil catalyst
Clariant, a global leader in specialty chemicals, today announced the launch of StyroMax UL-100, its most advanced ethylbenzene dehydrogenation catalyst to date. This ...
09-04-2025
-
Yokogawa Launches OpreX Plant Stewardship
Yokogawa Electric Corporation announces the launch today of OpreXTM Plant Stewardship, the most comprehensive lifecycle service program in the company’s OpreX Sustainable ...
08-04-2025
-
IndianOil to build mega petrochemical project in Paradip
In a landmark development, Indian Oil Corporation Ltd. (IndianOil) signed a Memorandum of Understanding (MoU) with the Government of Odisha to set up a world-class Petrochemical ...
08-04-2025
-
BDI BioEnergy to begin construction of biofuel feedstock refinery plant
BDI-BioEnergy International has signed a contract with Ghent Renewables BV to begin the construction of a pioneering biofuel feedstock refinery plant. This facility will ...
04-04-2025
-
Lummus Technology completes startup of electric heater demonstration unit
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced the successful startup of its SRT-eTM commercial demonstration ...
03-04-2025
-
Clariant announces the successful startup of MegaMax™ 900 catalyst
Clariant, a sustainability-focused specialty chemical company, today announced the successful startup of its MegaMax 900 methanol synthesis catalyst at European Energy’s ...
03-04-2025
-
Burckhardt Compression, a global leader in reciprocating compressor technology, has won a significant order for Digital Monitoring Services in Saudi Arabia. The order ...
03-04-2025