Glenfarne Honing in on Final Supply Agreements While Targeting Texas LNG Construction Later This Year

Propelled by its latest tentative offtake agreements, Glenfarne Energy Transition LLC is looking to close deals on the remaining volumes of its 4 million metric ton/year (mmty) Texas LNG project by the end of July.

With the heads of agreement (HOA) with Gunvor Group Ltd. disclosed earlier in the month, Glenfarne has 3 mmty in liquefied natural gas capacity available at its proposed export facility in Brownsville.

Glenfarne’s Executive Vice President Adam Prestidge, head of Business Affairs and LNG, told NGI that the firm is now looking to book the remaining capacity with at least two customers before reaching a final investment decision (FID) later in the year.

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