By April 2, 2016 Read More →

Texas LNG files application to build export terminal in South Texas

Texas LNG anticipates receiving all approvals and reaching FID in 2017, with first LNG exports planned in 2020

FERC

Tanker transporting LNG supplies

HOUSTON, Texas –  Texas LNG Brownsville announced that it has filed an application with the U.S. Federal Energy Regulatory Commission seeking authorization to site, construct, and operate the proposed Texas LNG two-phase 4 million metric tonnes per annum (“MTA”) LNG export facility in Brownsville, Texas with natural gas coming from the Eagle Ford Shale region just south of San Antonio.

Shipped via a proposed 150-mile pipeline the natural gas would connect to the already-existing Agua Dulce hub just west of Corpus Christi to the Port of Brownsville. Where it would be shipped to customers in Latin America, Europe and Asia according to The Dallas Business Journal.

“Transitioning from the pre-filing to the formal application stage is a significant milestone, placing Texas LNG within a select and elite group of U.S. LNG export projects in the FERC formal filing process, bringing us closer to our goal of delivering low-cost LNG under flexible terms from the Port of Brownsville to global buyers in 2020,” said Vivek Chandra, Founder & CEO of Texas LNG.

“I commend the entire Texas LNG team, especially Samsung Engineering, Braemar Engineering, NRG/ERM, and K&L Gates, for their tireless efforts to reach this important milestone.”

Texas LNG submitted its request to initiate the FERC pre-filing process in March 2015.

FERC

Vivek Chandra, Founder & CEO of Texas LNG

While it has the support of the oil and gas industry, environmentalists have been criticizing the project over safety and air pollution, according to the Dallas Business Journal.

“The filing of Texas LNG’s application to FERC represents the culmination of over 300,000 man-hours and twelve months of rigorous effort and engagement with FERC and other government agencies by the entire Texas LNG team. Texas LNG is committed to thoroughly evaluating and meeting all FERC safety, environmental, and socioeconomic requirements,” said Langtry Meyer, Founder & COO of Texas LNG.

Out of eleven distinct U.S. LNG export projects under construction or in the formal FERC process, ten projects are significantly larger size than Texas LNG’s 2 MTA first phase. Texas LNG continues to believe that smaller independent projects that promise low cost, low technical risks, and offer transparent, flexible tolling terms will be best placed in the current global LNG marketplace.

Texas LNG anticipates receiving all approvals and reaching FID in 2017. Construction will commence shortly thereafter with first LNG exports planned by 2020.

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