Glenfarne’s Texas LNG picks Baker Hughes tech, delays FID to 2024

Glenfarne Group’s Texas LNG has selected Baker Hughes to supply gas compression technology equipment, including electric motor drives, for its planned 4 mtpa LNG export terminal.

As part of the partnership between Texas LNG and Baker Hughes, the latter also has a framework agreement to make a strategic pre-FID investment in the project’s late-stage development, according to a statement by Texas LNG issued on Thursday.

The agreement with Baker Hughes facilitates Texas LNG’s “green by design” approach, which intends to use abundant sources of locally procured renewable energy to power the facility and drive the plant’s electric motors, the LNG terminal developer said.

This “green-ready” infrastructure allows Texas LNG to eliminate most CO2 emissions to less than half of a typical LNG export project, making it one of the “lowest-emitting liquefaction facilities in the world,” it said.

FID moved to 2024

Texas LNG said in April that it expects to take a final investment decision to build its LNG export project this year following an order by the US FERC.

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

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

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

“Texas LNG will close its project financing in 2024 with construction commencing shortly thereafter,” the firm said on Thursday.

Texas LNG said the equipment order is expected to be granted in conjunction with financial close of the project.

The first LNG exports from Texas LNG are expected to be shipped in late 2027 or early 2028, it said.

Most Popular

Atlantic LNG shipping rates down, Pacific rates climb

Atlantic spot LNG shipping rates dropped this week, while Pacific rates rose compared to the week before, according to Spark Commodities.

Cheniere nears launch of seventh Corpus Christi expansion train

US LNG exporter Cheniere is close to launching the seventh and final train of the Corpus Christi Stage 3 expansion project in Texas.

Vietnam’s Cai Mep LNG terminal starts gas deliveries to Phu My power complex

Nebula Energy’s AG&P LNG has started delivering natural gas from Vietnam's Cai Mep liquefied natural gas (LNG) import terminal to the 900 MW Phu My 2.1 and 2.1E power plants operated by EVNGENCO3.
spot_img

More News Like This

Baker Hughes wraps up Chart acquisition

US energy services firm Baker Hughes has completed its previously announced $13.6 billion acquisition of compatriot LNG equipment maker Chart Industries.

HPS to invest $500 million in Glenfarne’s Texas LNG

New York-based HPS Investment Partners, part of BlackRock, has decided to invest $500 million in Glenfarne's 4 mtpa Texas LNG export terminal in the port of Brownsville as the project nears a final investment decision.

Baker Hughes secures EU conditional approval for $13.6 billion Chart acquisition

US energy services firm Baker Hughes has secured conditional approval from the European Commission for its $13.6 billion acquisition of LNG equipment maker Chart Industries.

Baker Hughes scores equipment and services contracts for Cheniere’s Sabine Pass LNG terminal

US energy services firm Baker Hughes said it had secured three "substantial" awards for Cheniere’s Sabine Pass LNG export facility in Cameron Parish, Louisiana.