Offtake Agreement Supports FID for New LNG Facility in Texas

September 13, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--There's enough commitment from offtake agreements to move ahead with a final investment decision on a new liquefied natural gas (LNG) export terminal in Texas, a developer said Thursday. Texas LNG wants to build an export facility for LNG at the Port of Brownsville. If completed as expected, it would be able to handle about 4 million tons of LNG exports annually, or about 195 billion cubic feet (Bcf). Other companies featured: EQT Corporation (NYSE:EQT), Gunvor Group, Macquarie Group Limited and NextDecade's (NASDAQ:NEXT)