Texas LNG Sells More than Half of its 4 MTPA Offtake


   
   OAKHURST, N.J. (DTN) --- Texas LNG Brownsville LLC has signed a second heads 
of agreement with EQT Corporation for natural gas liquefaction services of an 
additional 1.5 million tonnes per annum of LNG over 20 years.

   This transaction expands Texas LNG's total HOA volume with EQT to 2 MTPA, 
with the companies announcing an initial agreement in January for 0.5 MTPA of 
tolling capacity. Final terms remain subject to the negotiation of a definitive 
20-year LNG tolling agreement.

   With this transaction and Texas LNG's recently announced offtake agreement 
with Gunvor, only 1.5 MTPA of additional offtake is pending public announcement 
to reach Texas LNG's fully permitted capacity.

   Texas LNG is a 4 MTPA LNG export facility to be constructed in the Port of 
Brownsville, Texas, and a subsidiary of Glenfarne Energy Transition, LLC.

   "We are proud to expand our partnership with EQT with today's announcement. 
Texas LNG has sold more than half of its permitted capacity," said Brendan 
Duval, Glenfarne CEO and founder. "With this announcement with EQT and 
additional offtake sales to be announced soon, we will reach financial close 
and the start of construction in the fourth quarter this year."

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

   Texas LNG will commence commercial operations in 2028.




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