Glenfarne Energy Transition LLC subsidiary Texas LNG Brownsville LLC signed a heads of agreement (HoA) with an unnamed “investment-grade, global LNG player” for long-term supply of LNG from its 4-million tpy LNG plant under development in the Port of Brownsville, Tex.
While supply terms were not disclosed, with the agreement, the company said in a Sept. 11 release that it has now secured customer offtake commitments “in a volume sufficient for achieving final investment decision.”
The new agreement adds to existing agreements with EQT Corp., Gunvor Group, and Macquarie Group (OGJ Online, July 2, 2024; Apr. 23, 2024; Mar. 18, 2024).
The diversified customer base now includes “the largest producer of natural gas in America, a leading global financial institution, one of the world’s largest independent commodities traders, and a major global LNG player,” said Brendan Duval, chief executive officer and founder, Glenfarne Energy Transition and co-president of Texas LNG.
