The sponsors of the planned Annova liquefied natural gas (LNG) export project in South Texas have called quits on the development, citing changes in the global market.

LNG Deliveries

Annova disclosed the “immediate discontinuation” of the 6.5 million metric tons/year (mmty) export project in a letter filed Monday with FERC. The letter asked the Federal Energy Regulatory Commission to vacate the project’s authorization.

A spokesperson for the Exelon Corp. subsidiary confirmed that CEO Omar Khayum is no longer running Annova after leaving earlier this month. Khayum’s LinkedIn account indicated he is now vice president at Canadian pipeline giant TC Energy Corp.

In the announcement posted on its website, Annova said it was in the process of notifying its supporters, commercial partners...