Exelon Generation To Explore Development Of LNG Export Terminal In Texas

(RTTNews) - Annova LNG LLC on Wednesday said it has filed a request with the Federal Energy Regulatory Commission for a review of the proposed mid-scale natural gas liquefaction and transfer facility at the Port of Brownsville, Texas. Exelon Generation (EXC) is the majority owner of the Annova LNG Brownsville Project.

Annova said the project is contingent upon it getting all necessary local, state and federal permits; acquisition of sufficient long-term customer commitments to buy liquefied natural gas from the facility; and public support of the project in South Texas. A decision whether to build the facility is expected by the end of 2017.

If built, the LNG terminal would sit beside the Brownsville Ship Channel on 650 acres designated by the Port of Brownsville for industrial use. The facility would be operational by 2020.

The proposed site could accommodate three stages of development, with each capable of producing two million tons of LNG a year for at least six million tons annually when complete.