Port of Brownsville in Texas set to welcome $38.75bn LNG projects

The Port of Brownsville in Texas is all set to be home to three new LNG projects with a combined investment of $38.75 billion following approvals from the US Federal Energy Regulatory Commission (FERC) during its monthly commission meeting.

The three approved LNG projects in Port of Brownsville are the Rio Grande LNG Project, the Annova LNG Brownsville Project, and Texas LNG Brownsville. The FERC has also approved the projects’ associated infrastructure.

The three LNG projects in Brownsville represent a total investment of $38.75 billion in Cameron County and the Rio Grande Valley. The projects are set to generate thousands of jobs which will result in considerable economic progress in the region, said Port of Brownsville.

John Reed – Chairman of the Brownsville Navigation District said: “Today’s announcement is another significant milestone in making these energy projects a reality and is the result of years of hard work by the applicants.

“We’d like to thank FERC for its effort and diligence in reviewing these proposals and thank our community for their support. These new energy projects reflect our long-term strategy and vision for the port to be a catalyst for economic growth in the Rio Grande Valley by encouraging domestic and international business investments and driving developments that create new good paying job opportunities for the region.”

The FERC has approved the Rio Grande LNG Project, the Annova LNG Brownsville Project, and Texas LNG Brownsville in Port of Brownsville. Photo courtesy of Port of Brownsville, Texas.

According to Port of Brownsville, the next steps for the three LNG projects are final investment decisions (FID) to be taken by the applicants, which could be as early as Q1 2020. After the FIDs are taken and the LNG projects formally begin construction, the region will head towards new and diverse job opportunities, said Port of Brownsville.

Eduardo A. Campirano – Port of Brownsville Director and CEO said: “The fact that the Port of Brownsville was sought out and chosen for these three LNG projects is a testament to our strategic location and Brownsville’s important role in both the energy industry and international trade.

“FERC’s confidence in these projects, demonstrated by today’s approval is very important. The federal commission’s evaluation process ensures that the plants must operate within the design parameters for safety and environmental protection.”