Company News, Announcements and Conference Presentations
May 2022: Texas LNG is pleased to announce it has executed an agreement with Technip Energies USA, Inc. (“Technip Energies”) and Samsung Engineering Co., Ltd (“Samsung Engineering”) to lead the delivery of the facility via a joint venture.
Technip Energies, a leading technology and global engineering, procurement, construction and project management company that has delivered more than 20 percent of worldwide operating LNG capacity, will partner with Samsung Engineering, a global engineering, procurement, construction and project management firm who also holds a minority equity interest in Texas LNG. Under a project financeable structure, the two companies will be responsible for all facets of the liquefaction facility’s delivery including engineering, construction coordination, start-up, and commissioning.
The press release can be viewed by clicking here.
January 2022: Texas LNG announced that it has executed a pipeline transportation precedent agreement for the expansion of Enbridge's Valley Crossing Pipeline (“VCP”) to deliver approximately 720 million cubic feet per day of natural gas to Texas LNG’s export facility for a term of at least 20 years. The press release can be viewed by clicking here.
The VCP consists of a 160-mile 42- and 48-inch diameter pipeline originating at Agua Dulce, a major Texas gas hub, and extending to the Port of Brownsville. A 10-mile lateral will be built to extend the pipeline to Texas LNG’s facility, along with the addition of compression facilities on the existing pipeline. The VCP’s pipeline header at Agua Dulce, a growing gas pricing and transportation hub in South Texas, interconnects with ten major gas pipeline systems providing access to abundant and competitively priced gas from the Permian and other major gas basins with a total receipt capacity of more than seven billion cubic feet per day. The compression facilities at Agua Dulce will use electric motors which can be powered by plentiful Texas renewable energy, thus reducing CO2 emissions.
October / November 2021: Texas LNG presented at a number of international conferences, including LNG-GC London, FLAME Amsterdam, and World LNG and Gas Summit, Louisiana. European Presentations can be downloaded by clicking here. Louisiana presentation can be downloaded here.
January 2021: Texas LNG was interviewed by S&P Platts on the current volatility in the LNG markets. Article can be read by clicking here.
December 2020: Texas LNG announces long-term lease agreement with the Port of Brownsville, successfully securing the Texas LNG export project site for up to 50 years. See press release by clicking here. The news was covered by various media outlets, including Upstream, Brownsville Herald, and LNG Industry
Texas LNG participated in the PE LNG to Power Conference. Discussions of the LNG market from the conference were summarized in Petroleum Economist.
October 2020: Texas LNG presented at FLAME, the European gas and LNG conference. The presentation, entitled 'LNG in the time of Covid' can be watched by clicking here.
June 2020: Texas LNG produced a project update video. The video can be watched here.
May 2020: Texas Commission on Environmental Quality Approves Texas LNG's Air Permit. This represents completion of another important regulatory milestone for Texas LNG. To read the Press Release Click here. The news was widely covered by the press, including the Houston Chronicle, LNG Journal, KURV710, Gasworld, LNG Industry, Rigzone, Gulf Oil and Gas, O&G Links, among others.
February 2020: U.S Department of Energy (DOE) approved Texas LNG to export LNG to non-FTA countries. This authorization allows Texas LNG to export to key global markets. To read the Press Release Click here. To read the DOE authorization click here. The news was covered by news media outlets including Houston Chronicle, Yahoo Finance, LNG Industry, Lloyds list, and others.
Texas LNG participated in the Platts LNG conference in Houston. The one slide shown can be downloaded here. Subsequent article with quotes was published in Houston Chronicle.