Texas LNG says on target for FID in 2019 as reviews of Brownsville project advance

摘要

Texas LNG, developer of one of three LNG export terminals proposedrnfor Brownsville, Texas, last week said it remains on target to reach arnfinal investment decision next year following the receipt of threernpositive reviews by federal officials.rnThe developments came as industry and government leadersrngathered in Washington for the World Gas Conference, where thernmarket was updated on commercial talks and the outlook for furtherrnliquefaction to be added in the US, as well as the pricing trends thatrnunderpin those efforts.rnThe port in Brownsville, at the southern tip of Texas along the Gulfrnof Mexico, is underutilized, making the projects by Texas LNG,rnNextDecade and Exelon-backed Annova LNG important to the region’srngrowth prospects. None has announced any firm long-term offtakernagreements or a positive FID, as the second wave of US developersrnface pressure from buyers for shorter, more flexible contracts.