Texas LNG is seeking approval from the US Energy Department
to export as much as 2 million tpy of liquefied natural gas
(LNG) from south Texas.
Permission to ship to markets covered by free trade
agreements is expected as soon as the end of the first
quarter, the closely held, Houston-based company said in a
statement. Shipping to non-FTA markets may be approved later
this year, CEO Vivek Chandra said.
A surplus in natural gas output stemming from the hydraulic
fracturing of previously untapped shale deposits has prompted
US companies to seek export outlets.
Cheniere Energy was the first to gain approval for LNG
exports in the lower 48 states. Freeport LNG said in June the
US may have as many as six LNG project
s by 2022.
Texas LNG signed a lease option agreement with the Port of
Brownsville in December as a possible location for its
proposed LNG export facility.