Texas LNG Expands Offtake Capacity with EQT, Nears Full Permitted Capacity

(P&GJ) — Texas LNG Brownsville LLC, a planned four million tonnes per annum (MTPA) LNG export terminal in the Port of Brownsville, Texas, has broadened its partnership with EQT Corp. by signing a second Heads of Agreement. This agreement secures natural gas liquefaction services for an additional 1.5 MTPA of LNG over 20 years.

With this transaction, Texas LNG's total HOA volume with EQT now stands at 2 MTPA. Final terms are subject to negotiation for a definitive 20-year LNG tolling agreement. This development, coupled with Texas LNG’s recent offtake agreement with Gunvor, leaves only 1.5 MTPA of additional offtake pending public announcement to reach the project's fully permitted capacity.

"Texas LNG has now sold more than half of its permitted capacity,” Brendan Duval, Glenfarne CEO and founder, said. “With this announcement with EQT and additional offtake sales to be announced soon, we are on track to reach financial close and commence construction in the fourth quarter of this year."

Glenfarne, a developer, owner, and operator of energy transition infrastructure, is also the sole owner and developer of the 8.8 MTPA Magnolia LNG in Lake Charles, Louisiana.

Texas LNG is scheduled to begin commercial operations in 2028. The initial agreement between Texas LNG and EQT, announced in January 2024, secured 0.5 MTPA of tolling capacity.

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