Brian Duval, CEO of Glenfarne Energy Transition, announced that the company expects to reach a final investment decision (FID) for its Texas LNG project in December.
Glenfarne Energy is developing a 4 million metric tons per year (MTPA) liquefied natural gas (LNG) plant in Brownsville, South Texas. Speaking at an energy conference in Houston, Duval stated, “We should be able to reach FID by December once we receive the final, irreversible permit to build the facility in November.”
The company has already signed an Engineering, Procurement, and Construction (EPC) contract with Kiewit for the plant’s construction and has secured enough long-term customers to move forward once all legal approvals are in place.
However, a U.S. court has temporarily halted the project’s construction permit, along with permits for other LNG facilities, ordering federal regulators to reassess their environmental impact. Regulators have requested additional information to complete their review, and Duval expects the process to conclude by November.
In a broader policy shift, U.S. President Donald Trump has directed his administration to fast-track energy infrastructure projects by reducing bureaucratic hurdles and expediting permit approvals. He has also lifted a moratorium that had been delaying new LNG export permits, a move expected to benefit Texas LNG and similar projects.