The United States Federal Energy Regulatory Commission (“FERC”) has voted to authorize Texas LNG Brownsville proposed 2 train, 4 MTA LNG export facility located in the Port of Brownsville, Texas.
FERC’s authorization is a crucial step in the environmental review process to site, construct and operate the Texas LNG facility. The Commission’s vote to approve the Project is the result of FERC’s comprehensive environmental, safety and security reviews which analyzed publicly available data, federal and state agency input, stakeholders’ comments, and extensive engineering, safety, and design information provided by Texas LNG Brownsville.
Vivek Chandra, Co-Founder and CEO of Texas LNG LLC (a member of Texas LNG Brownsville) said, “With the Texas LNG Brownsville project, we are developing a mid-sized LNG export facility to better connect abundant and low cost US natural gas with the world’s growing appetite for clean fuels, and we are so pleased to have reached this important milestone that paves the way for Final Investment Decision (“FID”).”
Langtry Meyer, Co-Founder and COO of Texas LNG LLC stated, “Texas LNG Brownsville is proud to have earned FERC’s approval today, which represents the culmination of over four years of extensive environmental, engineering, regulatory, and legal efforts. We are one step closer to delivering clean, safe, low-cost Texas natural gas energy to the world and generating jobs and economic benefits in Cameron County.”
The Texas LNG Brownsville facility’s advantages include: access to low cost, abundant Permian Basin feed gas; use of third-party pipeline infrastructure; efficient modular construction design; low overhead costs; and transparent and competitive pricing structure. In addition, the 4 MTA size of the facility fills an important need from global LNG customers seeking smaller contracted volumes in order to diversify their gas supply portfolio.
Mr. Chandra concluded, “We appreciate the hard work and effort from FERC and all the supporting agencies, including the U.S. Department of Energy, U.S. Coast Guard, U.S. Department of Transportation, U.S. Army Corps of Engineers, U.S. Environmental Protection Agency, U.S. Fish and Wildlife Service, National Park Service, National Marine Fisheries Service, and Federal Aviation Administration, and others that have been involved in the process. Texas LNG Brownsville also appreciates the continued support of its partners, including Samsung Engineering, Braemar Technical Services, Environmental Resources Management (ERM), Port of Brownsville, K&L Gates, Greenberg Traurig, Hunton Andrews Kurth, Royston Rayzor, and Hogan Lovells. We look forward to continuing commercial, financial and technical momentum.”
Source: https://www.globenewswire.com/
Image source: Globe Newswire
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