The US energy group Glenfarne has expanded its LNG portfolio with a 1.5 Mt/year offtake agreement tied to Texas LNG, as the 4 Mt/year US liquefaction project moves closer to a final investment decision (FID). The volumes will be marketed through the company’s Glenfarne Global Commodities (GGC) platform, strengthening its position in Atlantic Basin LNG supply (Glenfarne press release, 01/04/2026).
- GGC was established to further develop Glenfarne’s global LNG capabilities, including LNG trading and imports into markets that Glenfarne serves directly or through subsidiaries.
- The Texas LNG export facility is designed with a capacity of 4 Mt/year to supply US LNG to global markets. The project is owned and operated by Glenfarne and is located at the Port of Brownsville in South Texas. FID is expected in 2026, with operations beginning around 2030. In January 2026, RWE Supply & Trading signed a definitive 20-year Sales and Purchase Agreement (SPA) for the supply of 1 Mt/year from the Texas project (KEI, 20/01/2026).
Glenfarne also expects to add future volumes from Alaska LNG once customer allocations are finalized, further expanding its long-term LNG supply position, according to the company’s press release.
To date, Glenfarne’s permitted North American LNG portfolio totals 32.8 Mt/year of liquefaction capacity under development across Alaska, Louisiana, and Texas.
Interested in LNG Databases?
World LNG Database offers a complete set of data on LNG markets. The service provides detailed information on existing and planned liquefaction and regasification plants. It also includes LNG shipping around the world, LNG contracts, time series on regasification and liquefaction capacities, LNG flows and LNG prices for all players in the market.