US energy company Glenfarne Group plans to make a final investment decision (FID) on its Texas liquefied natural gas (LNG) export plant, which it plans to build in the Port of Brownsville in 2023.
The proposed project, which is expected to start LNG production in 2027, will use renewable energy to reduce carbon dioxide emissions.
The latest move comes as Glenfarne received an Order on Remand from the US Federal Energy Regulatory Commission following the completion of an additional social cost of carbon and environmental justice analysis on the project.
The Order on Remand covers two modified mitigation requirements pertaining to air monitoring and emergency response communications that will be incorporated into the project’s execution plan.
Texas LNG Brownsville, an affiliate of Glenfarne Energy Transition, owns the Texas LNG export terminal, which will have production capacity of around four million tonnes of LNG per annum.
Glenfarne Energy Transition CEO and founder Brendan Duval said: “Environmental justice and the carbon footprint of our project are among the most important issues we regularly consider as we progress Texas LNG to a final investment decision this year.
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By GlobalData“We are eager to begin construction on our facility to be able to safely export clean, environmentally sensible LNG that is ’Green by Design’ around the globe, providing long-term energy security when it is critically needed.”
The Texas LNG project is expected to create more than 1,200 jobs during the construction phase and more than 100 new full-time jobs.