Glenfarne's Texas LNG, ABB Ink Deal for Core Equipment in Port of Brownsville Project
(P&GJ) — Texas LNG, a four million tonnes per annum (MTPA) LNG export terminal to be constructed in the Port of Brownsville, and ABB have signed a memorandum of understanding to collaborate on core automation and electrical equipment for the new facility.
As part of the MoU, Texas LNG and ABB have agreed to a framework for ABB to make an investment in the project.
Texas LNG is a subsidiary of Glenfarne Energy Transition LLC, a global energy transition leader providing critical solutions to lower the world’s carbon footprint. Combined with Texas LNG’s recent equipment and partnership agreement with Baker Hughes, Glenfarne has announced more than a half a billion dollars’ worth of equipment selections for Texas LNG to date.
“Texas LNG’s mission to be one of the lowest-emitting LNG export terminals on the planet requires the sector’s top expertise and innovation,” said Brendan Duval, CEO and Founder of Glenfarne Energy Transition. “By partnering with ABB, we’re confident that Texas LNG will be the most efficient and environmentally sensitive U.S. LNG facility.”
“ABB’s integrated offering of automation, electrical and digital solutions uniquely help minimize CAPEX and maximize the performance, production and plant availability of LNG and clean fuel projects,” said Brandon Spencer, President of ABB Energy Industries. “We look forward to collaborating with Texas LNG to explore how technological advances can help enhance LNG production, given the vital role LNG can play in global energy security.”
Texas LNG expects to close its project financing in 2024 with construction commencing shortly thereafter. An 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.
Related News
Related News
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
Comments