Texas LNG export project moving forward
The United States Federal Energy Regulatory Commission has issued the notice of schedule for environmental review to Texas LNG Brownsville, the developer of a mid-sized LNG export project.
The notice sets the anticipated dates for issuance of its final environmental impact statement (FEIS) and federal authorization decision deadline for Texas LNG’s proposed 2 train, 4 million tonnes per annum LNG export facility located in the Port of Brownsville, according to a Texas LNG statement.
These steps are the final major steps in the FERC permitting process before issuance of the final order.
Based on the FEIS date and timelines of other approved LNG export projects, Texas LNG expects to receive its final FERC order authorizing construction and operation of its facility in the second half of 2019, in accordance with previously announced estimates, the statement said.
As per FERC’s expected timeline, Texas LNG would receive its draft environmental impact statement (DEIS) in October 2018, and FEIS by March 15, 2019.
Other agencies issuing federal authorizations have 90 days to complete all necessary reviews and to reach a final decision on the request for a federal authorization. The federal authorization decision deadline is June 13, 2019, the statement reads.
Vivek Chandra, Founder & CEO of Texas LNG said, “We are confident the Texas LNG project will provide benefits for all our stakeholders, especially the Brownsville community, and look forward to progressing toward final investment decision (FID) for the first 2 MTA train in 2019, and construction beginning soon thereafter.”
Langtry Meyer, Founder & COO of Texas LNG stated, “FERC’s schedule provides clarity to Texas LNG stakeholders including LNG buyers and investors that Texas LNG will receive its final FERC approval and is on track to achieving final investment decision in 2019.”