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).

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