Annova Cancels Texas LNG Export Facility Project
Special to P&GJ
Annova LNG announced the immediate cancellation of its liquified natural gas (LNG) export facility under development in Brownsville, Texas, due to changes in the global LNG market.
The project had proposed building a 6.5 MTPA liquified natural gas (LNG) export facility on the Port of Brownsville.
“The entire Annova team is very grateful to the greater Brownsville community for having supported this project for several years,” a statement from the company said. “We are in the process of notifying our supporters, commercial partners and regulatory agencies of this decision.”
The Annova LNG project was being developed by majority owner Exelon Corporation and minority owners Black & Veatch Corporation, Kiewit Energy Group and Enbridge.
The project was still in its development phase and the cancellation should not lead to any layoffs, the Houston Chronicle reported.
Related News
Related News
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
Comments