The US Department of energy (DOE) has approved Texas LNG to export domestically produced LNG to all existing and any future countries that enter into an Free Trade Agreement (FTA) with the Government of the United States.
This approval was necessary to help develop Texas LNG’s project on its 110 plus acre site with deepwater frontage to the port of Brownsville shipping channel in Brownsville, Texas. As per the DOE’s order, Texas LNG has received authority to export on its own behalf (as well as others) up to the equivalent of 100 Bcf/y of domestically produced LNG. The authorization is for 25 years.
Texas LNG has also entered into an agreement with Samsung Engineering Co. Ltd. The latter company will provide Pre-Font End Engineering Design (Pre-FEED) and Front End Engineering Design (FEED) services for the Texas LNG project. The first deliveries of LNG are predicted to take place in 2018.
“We are very pleased to announce the selection of Samsung Engineering as our engineering and construction partner,” said Langtry Meyer, COO of Texas LNG. “Samsung Engineering has completed major hydrocarbon projects around the world, and its robust balance sheet and strategic equity participation gives the Texas LNG project added credibility and strengthens the FID process.”