Texas LNG

What Texas LNG does

Texas LNG Brownsville LLC is a private project company developing a 4 million tonnes per annum (MTPA) LNG export terminal at the Port of Brownsville in South Texas, owned and managed by Glenfarne Energy Transition, LLC. The facility is designed around a 'Green by Design' architecture using electric motor-driven compression powered by renewable energy, which is expected to deliver less than half the CO2 emissions of typical U.S. LNG export projects. Gas supply is sourced via a 20-year pipeline transportation precedent agreement with Enbridge's Valley Crossing Pipeline, providing access to Permian and Eagle Ford basin production.

The project is fully permitted at the federal level (FERC authorization, DOE non-FTA export permit, USACE Section 10/404 permits) and has secured a 50-year site lease. All 4 MTPA of capacity is fully subscribed under binding 20-year contracts: a 2 MTPA tolling agreement with EQT Corporation, a 1 MTPA Sales and Purchase Agreement with RWE Supply & Trading, and 0.5 MTPA SPAs each with Gunvor Singapore and Macquarie Energy. Revenue will be generated through long-term LNG sales and liquefaction service fees once commercial operations begin, targeted for 2028 following a Q2 2026 final investment decision.

Project execution is anchored by a lump-sum turnkey EPC contract with Kiewit Energy Group, with module fabrication at Kiewit's Ingleside, Texas facility. Process technology and equipment are supplied under strategic partnerships with Baker Hughes (electric motor-driven gas compression) and ABB (automation and electrical systems), while project delivery is led by a Technip Energies/Samsung Engineering joint venture. Texas LNG has assembled $5.7 billion in debt financing with CIBC and Mizuho as financial advisors, attracting interest exceeding $10 billion from the initial bank group. The facility is expected to create 1,200+ construction jobs and 100+ permanent positions in the Rio Grande Valley region.

Name

Texas LNG

Legal name

Texas LNG Brownsville LLC

Website

https://texaslng.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Texas LNG Brownsville LLC is developing a 4 MTPA LNG export terminal at the Port of Brownsville, Texas, using renewable-powered electric motor compression to produce low-emission LNG for export under 20-year contracts with EQT, RWE, Gunvor, and Macquarie, with commercial operations targeted for 2028.

Ownership category

akta.pro rank

Product category

LNG Export Terminal Services

NAICS

Pipeline Transportation of Natural Gas (48621), Pipeline Transportation of Natural Gas (4862), Pipeline Transportation of Natural Gas (486210), Other Pipeline Transportation (4869)

SIC

Natural Gas Transmisison & Distribution (4923)

akta.pro primary industry

LNG Liquefaction Plants (Onshore & FLNG) (EUALAFAA)

akta.pro secondary industries

LNG Liquefaction (Export Terminals) (EUAAACAE), LNG Import/Export Terminals & Storage (Regas, Peak Shaving, Small-Scale LNG) (EUALAEAD), LNG Import/Export Terminals (Liquefied Natural Gas) (TLAHABAL)

Keywords

• LNG export facility
• Natural gas liquefaction
• LNG export terminal
• Gas liquefaction services
• LNG offtake agreements

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. LNG Sales and Purchase Agreements: Texas LNG generates revenue through long-term binding 20-year Sales and Purchase Agreements (SPAs) with global energy companies for LNG supply. The project has fully subscribed offtake agreements with EQT, RWE, Gunvor, and Macquarie totaling 4 MTPA. Revenue is generated from the sale and delivery of LNG to offtake partners.
2. LNG Tolling Agreements: Texas LNG provides natural gas liquefaction services under long-term tolling agreements. EQT Corporation has a 20-year tolling agreement for 2 MTPA of LNG capacity, where customers pay for liquefaction services.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Texas LNG is developing a 4 MTPA LNG export facility at the Port of Brownsville, Texas, using electric motor-driven compression powered by renewable energy. The company sells LNG under long-term 20-year binding Sales and Purchase Agreements and provides natural gas liquefaction services under tolling agreements to investment-grade global energy companies, utilities, and commodity trading houses.

Product overview

Texas LNG is a single core product: a 4 MTPA LNG export terminal project located at the Port of Brownsville, Texas. The facility is owned by Glenfarne Energy Transition and features a 'Green by Design' approach using electric motor compression driven by renewable power. Project delivery is handled by a joint venture between Technip Energies and Samsung Engineering, with Kiewit serving as the lump-sum turnkey EPC contractor. The facility targets commercial operations in 2028, producing LNG for export to global markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Texas LNG Brownsville Export Facility A 4 MTPA LNG export terminal located at the Port of Brownsville in South Texas, featuring electric drive motors powered by renewable energy for one of the lowest-emitting liquefaction facilities globally. LNG is sold FOB at the facility and shipped to global energy markets.
• LNG Sales and Purchase Agreements (LNG Supply) Long-term LNG supply sold under 20-year binding Sales and Purchase Agreements to investment-grade global energy companies and commodity traders, delivered FOB at the Port of Brownsville. Customers include RWE (1 MTPA), Macquarie (0.5 MTPA), and Gunvor (0.5 MTPA), with approximately 13 cargoes and 1.4 billion cubic meters of natural gas annually under the RWE agreement.
• Natural Gas Liquefaction Services (Tolling) Long-term natural gas liquefaction services provided under 20-year tolling agreements to natural gas producers seeking to monetize gas reserves through LNG exports. EQT Corporation has a definitive agreement for 2 MTPA of liquefaction capacity, bringing low-emission natural gas to transitioning and emerging markets.

Quantifiable outcome

• Less than half the CO2 emissions compared to typical LNG export project
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

13 partnerships are on record, tiered core and minor.

• Glenfarne Global CommoditiescoreStrategic or Co-development Partner · 1 April 2026Glenfarne has expanded its Glenfarne Global Commodities platform to include 1.5 MTPA of offtake capacity from Texas LNG and anticipated volumes from Alaska LNG. This expansion positions Glenfarne as a major LNG commodities platform.
• Kiewit Energy Group Inc. / Kiewit Offshore ServicescoreImplementation/ SI/ Consulting Partner · 4 February 2026Kiewit has been awarded the lump-sum turnkey EPC contract for Texas LNG's 4 MTPA export terminal. Kiewit Offshore Services will fabricate liquefaction, pretreatment, and pipe rack modules at its Ingleside, Texas facility. The agreement follows 14 months of pre-FID engineering work and represents one of the final steps before FID. The in-state fabrication avoids tariffs, geopolitical risks, heavy-lift shipping, and Panama Canal transit while ensuring quality control and supporting U.S. and Texas labor.
• Latham & Watkins and MilbankminorImplementation/ SI/ Consulting Partner · 4 February 2026Latham & Watkins serves as Borrower's counsel and Milbank serves as Lenders' counsel for Texas LNG's project financing. These law firms specialize in project finance and energy infrastructure.
• RWE Supply & TradingcoreOthers · 15 January 2026RWE has signed a definitive 20-year Sales and Purchase Agreement for 1 MTPA of LNG from Texas LNG, representing approximately 13 cargoes and 1.4 billion cubic meters of natural gas annually. This completes the conversion of all Texas LNG's previously announced Heads of Agreements into fully binding long-term offtake agreements. The partnership strengthens Europe's security of supply and supports reduction of GHG emissions across the LNG value chain.
• Macquarie Energy LLCcoreOthers · 3 December 2025Macquarie has signed a definitive 20-year Sales and Purchase Agreement for 0.5 MTPA of LNG, converting a previous non-binding Heads of Agreement into a binding commitment. Macquarie is described as a world-class partner and demonstrates confidence in Texas LNG's ability to deliver reliable, low-emissions U.S. LNG to global markets.
• Gunvor Singapore Pte LtdcoreOthers · 10 September 2025Gunvor has signed a definitive 20-year Sales and Purchase Agreement for 0.5 MTPA of LNG on a Free on Board basis. Gunvor is one of the foundation customers of Texas LNG and the agreement opens up new sources of U.S. LNG to meet growing demand for secure energy in overseas markets.
• EQT CorporationcoreOthers · 23 July 2024EQT has executed a definitive 20-year tolling agreement for natural gas liquefaction services for 2 MTPA of LNG. The partnership brings low-emission natural gas to transitioning and emerging markets, powering the phase out of legacy carbon-intensive fuels.
• Gulf LNG Tugs of Texas (Suderman & Young Towing, Bay-Houston Towing, Moran Towing)minorOthers · 16 February 2024Gulf LNG Tugs consortium will build, deliver and operate tugboats under a long-term agreement to assist LNG carriers at the facility. The tugboats will be among the most modern, low-emissions tugboats available, aligned with Texas LNG's Green by Design approach.
• ABBcoreTechnology or Integration · 1 December 2023ABB has partnered with Texas LNG for core automation and electrical equipment under a Memorandum of Understanding. ABB has also agreed to make an investment in the project. The partnership provides integrated automation, electrical and digital solutions to minimize CAPEX and maximize performance and plant availability.
• Baker HughescoreTechnology or Integration · 1 November 2023Baker Hughes supplies gas compression technology equipment including electric motor drives for Texas LNG's liquefaction facility. Baker Hughes also has a framework agreement for strategic Pre-FID investment in the project. The partnership facilitates Texas LNG's 'Green by Design' approach using renewable energy to power electric motors.
• Technip Energies and Samsung Engineering Joint VenturecoreImplementation/ SI/ Consulting Partner · 1 May 2022Technip Energies and Samsung Engineering joint venture leads the delivery of Texas LNG facility under a project financeable structure. Technip Energies has delivered more than 20% of worldwide operating LNG capacity. Samsung Engineering holds a minority equity interest in Texas LNG.
• Enbridge (Valley Crossing Pipeline)coreStrategic or Co-development Partner · 1 January 2022Texas LNG executed a pipeline transportation precedent agreement for expansion of Enbridge's Valley Crossing Pipeline to deliver approximately 720 million cubic feet per day of natural gas to the export facility for at least 20 years. The VCP provides access to abundant and competitively priced gas from Permian and other major gas basins.
• Port of BrownsvillecoreStrategic or Co-development Partner · 1 December 2020Texas LNG has a long-term 50-year lease agreement with the Port of Brownsville securing the project site for the LNG export facility.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Cheniere Energy: Cheniere is the largest U.S. LNG exporter (Sabine Pass, Corpus Christi). It is the broad incumbent benchmark for U.S. LNG project economics, long-term SPAs/tolling, and feedgas-linked contract structures that Texas LNG's offtake model is benchmarked against.
• Freeport LNG: Freeport LNG operates an existing 15+ MTPA U.S. Gulf Coast LNG export terminal. Comparable as an incumbent U.S. LNG export benchmark for operational performance, offtake structures, and Gulf Coast infrastructure economics.

Emerging players

• New Fortress Energy: New Fortress Energy develops smaller-scale LNG infrastructure (FLNG, terminals, ISO containers) and is also developing a 1.4 MTPA FLNG project at the Port of Tamaulipas across the border. Comparable in customer base and small-to-mid-scale LNG export model.
• Commonwealth LNG: Commonwealth LNG is developing a ~9 MTPA export terminal in Cameron Parish, Louisiana. Comparable as a mid-scale, FERC-permitted greenfield LNG project targeting similar European/Asian SPA customers with comparable timeline and project-financed structure.
• Excelerate Energy: Excelerate Energy operates FSRU-based LNG import/export infrastructure globally and is expanding into U.S. LNG export via the Gulf Coast Energy Export Facility. Comparable as a mid-scale LNG infrastructure player with overlapping offtaker/customers.

Direct peers

• Venture Global LNG: Venture Global operates Calcasieu Pass, Plaquemines, and CP2 LNG export terminals along the U.S. Gulf Coast. It is the most direct peer in scale, customer base (global commodity traders and utilities), 20-year SPA/tolling structures, and project-financed greenfield construction model.
• Tellurian (Driftwood LNG): Tellurian's Driftwood LNG is a U.S. Gulf Coast LNG export project in pre-FID/early-construction stages targeting similar late-2020s start-up. Direct peer in project stage, customer base (global LNG buyers), and the challenges of advancing project-financed LNG offtakes.
• NextDecade (Rio Grande LNG): NextDecade is developing the Rio Grande LNG export terminal at the Port of Brownsville, directly adjacent to Texas LNG's site. Both are mid-scale (5+ MTPA), FERC-authorized, U.S. Gulf Coast LNG export projects targeting first production in the late 2020s with similar offtake structures.
• Glenfarne Energy Transition (Magnolia LNG): Glenfarne's Magnolia LNG is a mid-scale Louisiana LNG export project developed by Texas LNG's parent company. Most directly comparable peer because it shares developer, technology stack (electric drive), offtake strategy, and Glenfarne platform integration.
• Sempra Infrastructure (Port Arthur LNG): Sempra Infrastructure is developing Port Arthur LNG Phase 1 (Phase 2 FID pending), a mid-to-large scale U.S. Gulf Coast LNG export project with ConocoPhillips offtake. Highly comparable in customer type, infrastructure footprint, and 2020s commercial-startup window.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Texas LNG