WTI Crude
Brent Crude
Natural Gas

Texas LNG Files Full Application With Feds

News Article Sponsored by PV Rentals



BROWNSVILLE — Houston-based Texas LNG, one of three companies with plans to build a liquefied natural gas export terminal at the Port of Brownsville, announced it has filed a full application with the Federal Energy Regulatory Commission requesting authorization to construct and operate its facility.

Texas LNG, Annova LNG and NextDecade LNG submitted their “pre-filing” applications in March 2015. The full application is the next step in the process. Texas LNG has a 625-acre lease option at the port.

 The company’s long-term plans call for a facility capable of shipping 4 million metric tons of LNG a year, making it the smallest of the three projects. The first phase of the project would have a capacity of 2 million metric tons a year.

Annova and NextDecade, when fully built out, would have total annual capacities of 6 million and 27 million metric tons, respectively.

Texas LNG said that during the past year its technical, environmental and legal advisors completed front-end engineering design and submitted to FERC draft “resource reports” addressing environmental, engineering, reliability and safety aspects of the proposed project.

The company also said it has been in close consultation with FERC and other federal and state agencies, including the U.S. Army Corp of Engineers, the U.S. Coast Guard, U.S. Fish and Wildlife and the Texas Commission on Environmental Quality. The application to FERC includes updated resource reports the agency will use to prepare an Environmental Impact Statement as required by the National Environmental Policy Act.

Vivek Chandra, Texas LNG founder and CEO, called the transition from pre-filing to formal application a milestone, making the company one of eight LNG projects in the United States that have submitted a formal application to FERC. It’s one of 11 U.S. LNG export projects under construction or in the formal FERC process.

The company said a final investment decision on whether to build should come in 2017. Assuming the project moves forward, Texas LNG expects to begin shipping LNG to foreign markets in 2020. The facility would receive natural gas from an as-yet-to-be-built pipeline from the Agua Dulce gas hub roughly 150 miles north of Brownsville.

Bill Harris, spokesman for Annova, said his company expects to make its formal application to FERC in the second quarter of this year.

NextDecade spokesman James Markham-Hill said the company had originally planned to file its application at the end of March, but is taking extra time to make sure its resource reports adequately respond to questions from the various reviewing agencies. He said NextDecade plans to file its full application with FERC at the end of April.

Click HERE to Read Article From Publisher.