Texas LNG Brownsville, a subsidiary of Glenfarne Energy Transition, has signed a Heads of Agreement with US energy company EQT Corporation.
With the signing, it is hoped that a definitive 15-year liquefied natural gas (LNG) tolling agreement for 0.5 million tonnes per annum of LNG will be signed. The LNG would come from the first train of Texas LNG.
Texas LNG is a four million tonnes per annum LNG export terminal that will be constructed in the Port of Brownsville, Texas. The facility is expected to close its project financing in 2024, with construction commencing shortly after. The first LNG exports from the site are expected in 2027/2028.
Brendan Duval, CEO and founder of Glenfarne, said he is proud to welcome EQT as a customer and partner for Texas LNG.
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