Texas LNG and ABB to collaborate

As part of the MoU, Texas LNG and ABB have agreed to a framework for ABB to make an investment in the project.

Texas LNG is a subsidiary of Glenfarne Energy Transition LLC, a global energy transition leader providing critical solutions to lower the world’s carbon footprint. Combined with Texas LNG’s recent equipment and partnership agreement with Baker Hughes, Glenfarne has announced more than US$500 000 worth of equipment selections for Texas LNG to date.

“Texas LNG’s mission to be one of the lowest-emitting LNG export terminals on the planet requires the sector’s top expertise and innovation,” said Brendan Duval, CEO and Founder of Glenfarne Energy Transition. “By partnering with ABB, we’re confident that Texas LNG will be the most efficient and environmentally sensitive US LNG facility.”

“ABB’s integrated offering of automation, electrical and digital solutions uniquely help minimise CAPEX and maximise the performance, production and plant availability of LNG and clean fuel projects,” said Brandon Spencer, President of ABB Energy Industries. “We look forward to collaborating with Texas LNG to explore how technological advances can help enhance LNG production, given the vital role LNG can play in global energy security.”

Texas LNG expects to close its project financing in 2024 with construction commencing shortly thereafter. An equipment order is expected to be granted in conjunction with financial close of the project. The first LNG exports from Texas LNG are expected to be shipped in late 2027 or early 2028.

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/11122023/texas-lng-and-abb-to-collaborate/