Texas LNG FID in late 2019
Houston, Texas, October 28, 2018 – The United States Federal Energy Regulatory Commission (“FERC”) has issued the Draft Environmental Impact Statement (“DEIS”) for Texas LNG’s proposed 2 train, 4 million tonnes per annum (“MTA”) LNG export facility located in the Port of Brownsville, Texas. The DEIS has been issued in accordance with the anticipated dates listed in the Notice of Schedule for Environmental Review (“SER”) received in August 2018.
The DEIS is another milestone in the journey towards Final Investment Decision (“FID”) on the first 2 MTA phase of the Texas LNG project, anticipated in late 2019. The DEIS further de-risks the project and adds confidence to the dates of remaining milestones in the permitting process, including receipt of the Final Environmental Impact Statement (“FEIS”) by March 15, 2019 and the June 13, 2019 Federal Authorization Decision Deadline.
Vivek Chandra, Founder & CEO of Texas LNG said, “We are very pleased with the DEIS report conclusions, and appreciate the hard work and effort involved in the generation and compilation of the DEIS, especially from FERC and all the supporting agencies, including the U.S. Department of Energy, U.S. Coast Guard, U.S. Department of Transportation, U.S. Army Corps of Engineers, U.S. Environmental Protection Agency, U.S. Fish and Wildlife Service, National Park Service, National Marine Fisheries Service, and Federal Aviation Administration, and others that have been involved in the process. Texas LNG also appreciates the continued support of its technical and permitting partners, including Samsung Engineering, KBR, Braemar Technical Services, Environmental Resources Management (ERM), K&L Gates, Greenberg Traurig, Hunton Andrews Kurth, and Royston Rayzor.”
Langtry Meyer, Founder & COO of Texas LNG stated, “Texas LNG is committed to show how our project protects the environment and generates significant benefits for the local community and the Port of Brownsville. This project will bring jobs and investment to Cameron County and deliver clean, safe, abundant Texas natural gas energy to the world.”
Texas LNG differentiated strategy of realistic size, low overhead and cost structure, access to low cost Permian feed gas, and transparent tolling structure continues to resonate with LNG customers, investors, and project partners.
Editorial Comment: The Future of FLNG: Less is More?
Global LNG export capacity is expected to increase by 45% between 2017 and 2022, to more than 400 metric MMtpy, with 90% of the new capacity coming from sanctioned projects in the U.S. and Australia. By 2050, this capacity is anticipated to exceed 700 MMtpy. Regasification capacity is anticipated to increase even more sharply.
Executive Viewpoint: Back to production: Where we’re going, we don’t need pipelines
What if a cost-effective way existed to extract and distribute natural gas, regardless of proximity to pipeline, and bring those assets back to production? What if the industry went in a direction that did not need pipelines? For those looking to monetize unproductive natural gas assets or bring unproductive wells back to production, it would be revolutionary.
Regional Focus:Australia to boost LNG exports despite domestic gas shortage
Australia is planning further increases in LNG production and exports over the next decade, despite quickly depleting reserves and a looming supply shortage in the domestic market.
GasPro 2.0: A Webcast Symposium
Following on the heels of the highly successful GasPro 2.0 Webcast Symposium in October 2018, the second GasPro Webcast Symposium 2.0 will take place on October 24, 2019.
The 2019 web event will gather experts in the fields of LNG, gas processing, and gas transport/distribution to share their operations expertise, engineering and design solutions, and technology advances and trends with our audience.
Attendees will learn about technology and operational solutions and deployments in a number of areas: plant design and expansion, construction, NGL production, optimization, sulfur removal, marine operations and separation technology.
October 24, 2019 08:30 AM CDT