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Transactions - JANUARY 28, 2020

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Annova LNG and Enbridge sign pipeline agreement

by Reg Clodfelter

Annova LNG has signed a precedent agreement with Valley Crossing Pipeline (VCP), providing transportation for Annova LNG’s total natural gas requirements at its 6.5 MTPA liquefied natural gas (LNG) facility in Brownsville, Texas.

Under the agreement, the existing Valley Crossing Pipeline from Agua Dulce to Brownsville will be expanded along with the construction of an approximately nine-mile lateral connecting VCP to Annova LNG’s facility.

“Annova LNG’s firm transportation arrangements will ensure security of supply and access to the most diversified, low-cost feed gas of any of the U.S. LNG facilities,” said Omar Khayum, CEO, Annova LNG. “We will be the most sustainable and reliable provider of LNG from the United States.”

The LNG facility also plans to utilize electric-driven compressor engines and source its electricity through 100 percent carbon-free renewable energy resources.

Signed on Jan. 22, the agreement provides for the execution

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