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The Federal Energy Regulatory Commission's order follows additional analysis done on environmental justice and carbon footprint of the project.
Texas LNG, a four million tonnes per annum LNG export terminal project located in the Port of Brownsville, Texas, and owned by Texas LNG Brownsville, an affiliate of Glenfarne Energy Transition (Glenfarne), announced that the Federal Energy Regulatory Commission (FERC) has issued an Order on Remand for the project. This order comes after the completion of an additional social cost of carbon and environmental justice analysis.
The Order on Remand includes two modified mitigation requirements related to air monitoring and emergency response communications, which Texas LNG plans to incorporate into its execution plan. Texas LNG anticipates making a final investment decision this year and commencing commercial operations in 2027.
Texas LNG's "Green by Design" approach is strategically planned to avoid emissions rather than merely minimizing or mitigating them. By employing renewable energy to power the entire facility and drive Texas LNG's electric motors, the project aims to eliminate CO2 emissions.
Brendan Duval, CEO and Founder of Glenfarne Energy Transition, commented on the matter, stating, "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. We thank the FERC commissioners and staff for bringing this matter to a thoughtful resolution."
Duval also highlighted the project's potential economic impact, adding, "Texas LNG will bring more than 1,200 new construction jobs and over 100 new full-time jobs to the Rio Grande Valley, with the majority intended to be hired from the local community. We are eager to begin construction on our facility 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."
In addition to the Texas LNG project, Glenfarne is the sole owner and developer of the 8.8 MTPA Magnolia LNG facility in Lake Charles, Louisiana. The company's focus on energy transition solutions aims to contribute to the global effort to lower the world's carbon footprint.