Glenfarne Group’s Texas LNG project has signed a definitive 20-year sales and purchase agreement with Macquarie Energy, a subsidiary of Macquarie Group, for 0.5 million metric tons per year of liquefied natural gas (LNG).
This agreement, along with the three previously announced Texas LNG offtake agreements, brings Texas LNG one step closer to a final investment decision.
“Our offtake agreement with Macquarie reinforces Texas LNG’s position as one of the most competitive LNG export projects in the world,” said Brendan Duval, CEO and founder of Glenfarne Group. “Macquarie is a world-class partner, and their participation in our offtake portfolio demonstrates strong confidence in Glenfarne’s ability to deliver a reliable, low-emissions source of U.S. LNG to global markets.”
Texas LNG is a “Green by Design” liquefaction facility designed to significantly reduce operational carbon dioxide emissions. In 2024, Kiewit was
