Glenfarne expects to take Texas LNG FID in 2023

New York-based Glenfarne Group is expecting to take a final investment decision to build its 4 mtpa Texas LNG export project this year following an order by the US FERC.

FERC has issued an order on remand to the planned export terminal in the Port of Brownsville, Texas, owned by Glenfarne Energy Transition’s Texas LNG Brownsville following the completion of an additional social cost of carbon and environmental justice analysis.

The order includes two modified mitigation requirements regarding air monitoring and emergency response communications that Texas LNG will incorporate into its execution plan, Glenfarne said in a statement on Monday.

Texas LNG’s “green by design” approach is strategically designed to avoid emissions rather than minimizing or mitigating them, Glenfarne said.

By using renewable energy to power the entire facility and drive Texas LNG’s electric motors, the project eliminates most CO2 emissions, with less than half of a typical LNG export project, making it one of the lowest-emitting liquefaction facilities in the world, the firm claims.

According to Glenfarne, Texas LNG expects to make the FID this year and begin commercial operations in 2027.

1,200 new construction jobs

“Environmental justice and the carbon footprint of our project are among the most important issues we regularly consider as we progress Texas LNG to a final investment decision this year,” said Brendan Duval, CEO and founder of Glenfarne Energy Transition.

“Texas LNG will bring more than 1,200 new construction jobs and over 100 new full-time jobs to the Rio Grande Valley of which a majority are intended to be hired from the local community,” Duval said.

Last year, the firm said it had expected to take FID to build the facility in 2022 and to start commercial operations in 2026.

The developer of the 4 mtpa plant also appointed a joint venture of Technip Energies USA and Samsung Engineering to lead the delivery of the facility.

Besides this project, Glenfarne is working on the 8.8 mtpa Magnolia LNG project in Lake Charles, Louisiana, which won an approval from the US DOE to export an additional 0.8 mtpa of LNG to non-FTA countries.

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