“This agreement positions Texas LNG on the verge of full sell out, and we look forward to finalising our offtake partnerships in the near future,” said Brendan Duval, CEO and Founder, Glenfarne Energy Transition and Co-President of Texas LNG.
Texas LNG is in advanced negotiations with several potential offtakers for the remaining volume of the project.
Glenfarne Energy Transition, a developer, owner, and operator of energy transition infrastructure, is the majority owner and managing member of Texas LNG. Texas LNG will begin construction in 2024 and commence commercial operations in 2028. The Glenfarne Energy Transition LNG portfolio also includes the 8.8 million tpy Magnolia LNG export facility under development in Lake Charles, Louisiana, US.