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Texas LNG Development

Sector: LNG • Location: Brownsville, Texas, United States

Source: Oil & Gas Journal

Project
Pre-Final Investment Decision (Pre-Fid)

Texas LNG is a pre-FID, 4-million tonnes per year liquefied natural gas export project to be constructed on a 625-acre site in the Port of Brownsville, Texas. The project is owned by Glenfarne Group LLC and involves early construction works and development activities supported by a $500 million investment from HPS Investment Partners, part of BlackRock. The investment enables placement of purchase

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The project “Texas LNG Development” is an infrastructure initiative in the LNG sector, located in Brownsville, Texas, United States. Taiyo aggregates data on it from Oil & Gas Journal.

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pre-final investment decision (pre-fid)

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Description

Description

Texas LNG is a pre-FID, 4-million tonnes per year liquefied natural gas export project to be constructed on a 625-acre site in the Port of Brownsville, Texas. The project is owned by Glenfarne Group LLC and involves early construction works and development activities supported by a $500 million investment from HPS Investment Partners, part of BlackRock. The investment enables placement of purchase orders for critical equipment, EPC-phase engineering activities, and geotechnical work. The project has a lump-sum turnkey contract with Kiewit as the lead EPC contractor and has secured a 20-year offtake agreement with RWE.

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