US energy company Glenfarne Group has announced it expects to make a final investment decision (FID) in 2023 to build its proposed Texas LNG export plant in Brownsville with the first liquefied natural gas (LNG) production expected in 2027.
Glenfarne made the FID announcement after the US Federal Energy Regulatory Commission (FERC) issued an order on air monitoring and emergency response communications that the company said Texas LNG will incorporate into its plan.
In addition to producing LNG for its own plants, Glenfarne also wants to sell LNG to other companies to help finance further projects.
Texas LNG is designed to produce about 4 million tonnes per annum of LNG.
The Texas LNG project is likely to cost between $3.2 billion-$4 billion (€2.9 billion – €3.6 billion).
