Galveston LNG

What Galveston LNG does

Galveston LNG Bunker Port (GLBP) is a joint venture developing the first dedicated small-scale liquefied natural gas (LNG) marine bunkering facility on the U.S. Gulf Coast. The project is located on a 140-acre greenfield site at Shoal Point on the Texas City Ship Channel, in Galveston County, Texas, with optimal positioning to serve Port Houston, Port of Galveston, and Port of Texas City via Jones Act-compliant bunker vessels. The facility uses proven modular natural gas liquefaction technology (fabricated in Hockley, Texas) deployed in two trains with initial capacity of 360,000 gallons per day and a full buildout of 720,000 gallons per day, supported by two 3-million-gallon full-containment LNG storage tanks and marine barge loading infrastructure. The design accommodates conventional LNG plus future bio-LNG and e-LNG blends for low-carbon bunker fuel offerings.

GLBP is owned by Navergy Infrastructure Partners (formerly Pilot LNG) and Seapath Group, a maritime subsidiary of Libra Group, with MUFG engaged as financial advisor and NV5 LNG Engineering Services selected as EPC contractor. Energy Transfer's Houston Pipeline Company supplies natural gas feedstock under a Gas Supply Agreement, TOTE Services is the strategic partner for Jones Act-compliant LNG bunker vessels, and Loa Carbon provides renewable e-methane for e-LNG production. Revenue mechanics center on long-term LNG bunker fuel supply agreements — Sales and Purchase Agreements and Heads of Agreement — negotiated bilaterally under multi-year contracts with shipping customers across six segments: cruise lines (including Carnival Corporation), container shipping lines, car carriers, tankers and bulk carriers, intracoastal vessels, and LNG carriers requiring cool-down services. Pricing is not publicly disclosed and is negotiated through commercial agreements rather than published rates, with revenue recognized on a transactional bunker-fuel sales basis.

The company is in active development with all federal and state permits secured (USACE, USCG, TRRC, TCEQ) as of May 2025. Final Investment Decision is targeted for 2026, with terminal commissioning planned for late 2028 and initial bunker deliveries targeted for the second half of 2027. The project carries an initial investment of $250-$300 million and is expected to create 250 construction jobs at peak and 25-50 operations jobs.

Name

Galveston LNG

Legal name

Galveston LNG Bunker Port LLC

Website

https://galvestonlng.com

Company type

Private

Founded year

2023

Operating status

Operating

Short description

Galveston LNG Bunker Port is a joint venture developing the first dedicated small-scale LNG marine bunkering facility on the U.S. Gulf Coast, supplying LNG fuel by barge to cruise, container, and other LNG-powered vessels at Port Houston, Galveston, and Texas City, with operations targeted for 2028-2029.

Ownership category

akta.pro rank

Product category

LNG Marine Bunkering Services

NAICS

Port and Harbor Operations (488310), Marine Cargo Handling (488320)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171), Water Transportation (4400)

akta.pro primary industry

LNG Bunkering (Ship-to-Ship, Truck-to-Ship, Terminal) (TLAHAKAB)

akta.pro secondary industries

LNG Marine Shipping & Bunkering (EUAAACAH), LNG Shipping & Marine Transportation (LNG Carriers, Chartering) (EUALAFAC), Marine Terminals & Port Storage (Jetties, Docking, Bunkering Interfaces) (EUALAEAG), LNG Import/Export Terminals (Liquefied Natural Gas) (TLAHABAL), Bunkering Equipment, Systems & Maintenance (Hoses, Couplings, Metering, Vapour Return) (TLAHAKAK)

Keywords

• LNG marine bunkering
• Small-scale liquefaction
• Clean marine fuel
• Maritime fuel supply
• Alternative marine fuels

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. LNG Marine Bunker Fuel Sales: GLBP generates revenue through the sale of liquefied natural gas as marine bunker fuel delivered by Jones Act-compliant bunker vessels to LNG-fueled vessels at Port Houston, Port of Galveston, and Port of Texas City. Revenue is derived from long-term offtake agreements with shipping companies.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Galveston LNG Bunker Port (GLBP) develops, owns and operates the first dedicated small-scale liquefied natural gas (LNG) marine bunkering facility on the U.S. Gulf Coast, located at Shoal Point in Texas City, Texas. The facility produces and stores LNG, including conventional LNG as well as bio-LNG and e-LNG blends, and delivers it by Jones Act-compliant bunker vessels to LNG-fueled ships at Port Houston, Port of Galveston, and Port of Texas City. The offering targets cruise lines, container shipping companies, car carriers, tankers, bulk carriers, intracoastal vessels, and LNG carriers requiring clean marine fuel under long-term offtake agreements.

Product overview

Galveston LNG Bunker Port (GLBP) is a single, integrated LNG marine bunkering terminal offering multiple LNG fuel types. The facility at Shoal Point in Texas City includes natural gas liquefaction production, 3-million-gallon storage tanks, and marine barge loading capabilities. GLBP supplies conventional LNG, bio-LNG, and e-LNG (synthetic) fuels via Jones Act-compliant bunker vessels to serve cruise ships, container ships, car carriers, tankers, and intracoastal vessels at Port Houston, Port of Galveston, and Port of Texas City.

Differentiator

Problem solved

Functional benefit

Products and services

• Galveston LNG Bunker Port (GLBP) Terminal and LNG Bunker Fuel Supply Integrated LNG marine bunkering terminal on Shoal Point in Texas City, Texas, producing and delivering clean-burning LNG (conventional LNG plus bio-LNG and e-LNG blend capability) as marine bunker fuel to LNG-fueled cruise ships, container ships, car carriers, tankers, bulk carriers, intracoastal vessels and LNG carriers at Port Houston, Port of Galveston, and Port of Texas City via Jones Act-compliant bunker vessels.

Quantifiable outcome

• 99% reduction in sulfur oxide (SOx) emissions compared to heavy fuel oil
• +4 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core, strategic and major.

• TOTE ServicescoreStrategic or Co-development Partner · 27 January 2026Strategic Heads of Agreement to develop and operate Jones Act-compliant LNG bunker vessels for the Houston-Galveston port complex. Partnership establishes framework for vessel development, construction, and long-term operation. Target for first bunker vessel charter by mid-2026. TOTE Services brings extensive LNG experience with four large LNG-powered cargo vessels and two LNG bunker vessels, having completed over 850 LNG bunkerings.
• NV5 LNG Engineering ServicescoreImplementation/ SI/ Consulting Partner · 23 September 2025Selected as EPC contractor to build the LNG terminal with initial capacity of 360,000 gallons per day. NV5 LNG is a North American leader in engineering, procurement, and construction for LNG infrastructure with over 40 years of experience.
• Loa CarbonstrategicStrategic or Co-development Partner · 22 July 2025Letter of Intent for production of e-LNG fuels. Loa Carbon to provide renewable e-methane directly to GLBP for liquefaction. GLBP will provide e-LNG fuel to customers seeking low carbon fuels. Enables FuelEU compliance and ultra-low-carbon fuel supply.
• Dunmura LtdmajorChannel Partner/ Reseller/ Distributor · 1 April 2025Sales and Purchase Agreement for LNG supply. GLBP provides LNG to Dunmura on FOB or DES basis for Dunmura's customers. Dunmura established in 2024 to capitalize on LNG bunkering growth globally.
• Energy Transfer (Houston Pipeline Company)coreTechnology or Integration · 12 September 2024Gas Supply Agreement and facilities agreement for delivery of natural gas to the GLBP terminal. Houston Pipeline Company provides natural gas supply essential for LNG production, supporting long-term supply to the facility.
• City of Texas CitycoreStrategic or Co-development Partner · 30 January 2024Land lease agreement for 140 acres of land on Shoal Point in Galveston County, Texas, adjacent to the Texas City Ship Channel. Critical site acquisition enabling project development.
• Navergy Infrastructure Partners (formerly Pilot LNG)coreStrategic or Co-development PartnerJoint venture partner developing, owning, and operating the GLBP LNG bunkering facility. Navergy (formerly Pilot LNG) provides project development, technical expertise, and operational leadership for the LNG terminal.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• JAX LNG: Small-scale LNG bunkering and distribution facility in Jacksonville, Florida serving maritime, transportation, and industrial customers. Closest U.S. small-scale LNG bunker analog to GLBP's business model and scale.
• Crowley Maritime Corporation: Jones Act vessel operator with LNG bunker vessel capability and LNG-fueled container ships serving U.S. coastal and Gulf trade. Competes for the same Jones Act bunker vessel and LNG-fueled shipping customers as GLBP.
• Titan Clean Fuels: LNG bunker fuel supplier (subsidiary of Vitol) operating one of the largest bunker barge fleets in Northwest Europe with active expansion into U.S. and other markets. Direct competitor in marine LNG bunker fuel supply.
• Harvey Gulf International Marine: Operates Jones Act LNG bunker vessels (Harvey Energy, Harvey Liberty) out of the U.S. Gulf Coast, directly mirroring GLBP's intended vessel-based bunker delivery model. Closest direct comparable for the marine LNG bunker business.
• Seaside LNG: Small-scale LNG production and distribution company focused on marine bunkering and off-road fuel applications in the U.S. Directly comparable in technology, scale, and bunker market focus.
• Polaris New Energy: Developer of small-scale LNG production and bunkering infrastructure for the maritime sector in the southeastern U.S. Comparable project type and marine bunkering go-to-market strategy.

Broad incumbents

• Bunker Holding: One of the world's largest marine fuel suppliers (parent of Bunker One) with growing LNG bunker portfolio. Broad incumbent in marine fuel distribution with overlapping LNG offerings.
• Shell Marine Products: Global marine fuel supplier with established LNG bunkering operations across major hubs. Acts as a broad incumbent in LNG bunker supply that GLBP will compete with for shipping customers.
• New Fortress Energy: Developer of small-scale LNG terminals and LNG bunkering infrastructure, including in Florida (JAX LNG affiliate). Adjacent small-scale LNG developer and operator with overlapping bunkering focus.
• TotalEnergies Marine Fuels: Global LNG bunker supplier with multi-port operations and integrated LNG value chain assets. Broad incumbent offering overlapping capabilities to GLBP's marine LNG bunker business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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 Galveston LNG