Monday, April 24, 2023

NextDecade's Rio Grande LNG and Glenfarne Energy Transition's Texas LNG receive approval from FERC!

Welcome back to a great new week!  Happy Monday!

Did anyone read The Houston Chronicle’s Business Section on Friday, April 21, 2023 called, “FERC greenlights two LNG projects – Both proposals have faced fierce opposition from environmental groups in South Texas”?  The article is about how the Federal Energy Regulatory Commission (FERC) approved certificates for two Houston based companies multibillion dollar liquefied natural gas facilities in the Brownsville – Port Isabel area.  At the FERC normal monthly meeting, the commissioners gave approval for the projects after a lengthy debate with compromises made.  NextDecade was given approval of its Rio Grande LNG project which will be off Texas 48 on 984-acres on a deep-water channel in South Texas. This project will combine emissions reducing carbon capture and storage, conscientiously sourced gas, and they will use net-zero electric, and at full capacity will produce 27 million metric tonnes of low carbon intensive LNG.  The other project from Glenfarne Energy Transition is developing Texas LNG a facility on the Northshore of Port of Brownsville on 625-acres on a deep-water channel which is expected to produce 194.8 Bcf/y at full capacity.  Texas LNG will super-cool natural gas and the facility will reduce most carbon dioxide emissions by using electric motors which will run on renewable power.  Both projects had environmental groups and naturalists in the area up in arms, but FERC gave their approval, and many area businesses are looking forward to the good jobs and improved economic future the area will now have.   FERC is requiring the projects leaders to make sure during construction and operation of the facilities that they do not cause any significant impacts on air quality with good air quality monitoring and good emergency response communication for the area.  If you would like to read the article, please check out The Houston Chronicle.

If you would like to read the article from The Houston Chronicle, please click the link: Houston-owned Rio Grande LNG, Texas LNG get FERC ok (houstonchronicle.com).

If you would like to read more about NextDecade’s Rio Grande LNG and its lower carbon intensive LNG; please click the link: Rio Grande LNG - NextDecade(next-decade.com)

If you would like to read more about Glenfarne Energy Transition’s Texas LNG, please click the link: News, Announcements & Conferences (texaslng.com)

Don’t forget to check out our ESC’s website or contact us via the email in the blog, if you have a project you would like to see get off the ground!

We hope you have a great night and week!

*Disclaimer – please note there may be a fee involved to see this article in The Houston Chronicle.