Houston, Texas, June 15, 2015 (GLOBE NEWSWIRE) -- Texas LNG Brownsville LLC (“Texas LNG”) is pleased to announce that on May 14, 2015, Resource Reports #1 and #10 were submitted to the Federal Energy Regulatory Commission (“FERC”) in accordance with the FERC NEPA Pre-fling process schedule for the proposed liquefied natural gas (“LNG”) export facility in Brownsville, Texas (“Project”). Resource Report #1 – General Project Description – provides a detailed overview of Project facilities including plot plans, schedules, and required permits. Resource Report #10 – Alternatives – describes the selection process for Project location, process and power generation, and site layout configuration. The reports can be downloaded from the FERC website (http://elibrary.ferc.gov/idmws/file_list.asp?accession_num=20150514-5223) or from the Texas LNG website (www.txlng.com).
Texas LNG is planning to build the Brownsville Project in two phases, each with LNG production of 2 million tonnes per annum (“MTA”). Pending FERC’s final approval to construct the Project, Phase 1 is expected to commence production in 2020. FERC regulates the siting, construction, operation, and maintenance of the physical LNG terminal and related infrastructure. More information about the pre-filing process and public participation in the regulatory process can be found at www.ferc.gov.
On May 5th and 6th, 2015, Texas LNG hosted Open Houses in Brownsville and Port Isabel, Texas. Participants included the FERC's project staff, FERC’s environmental consultant, and the Port of Brownsville. Both events were well attended by elected officials, local government representatives, community leaders, school teachers, students, and other members of the public. An estimated 200 and 150 guests attended the Brownsville and Port Isabel events, respectively. The Texas LNG team included representatives from Samsung Engineering Co., Ltd. (“Samsung Engineering”), Braemar Engineering (Owner’s engineers), NRG (environmental consultants), K&L Gates (FERC legal advisers), Greenberg Traurig (commercial legal advisers), and Royston Rayzor (South Texas legal and policy advisers). Valuable feedback and information was exchanged during the events.
Texas LNG’s equity and engineering partner, Samsung Engineering, has deployed a dedicated team of over eighty experienced engineers and project staff at its headquarters, Samsung Global Engineering Center, in Seoul, Korea to the Project. As of the end of May 2015, Samsung Engineering has completed six out of the 12 month Front End Engineering and Design (“FEED”) study and over 77,000 cumulative engineering man-hours since mid 2014. Engineering efforts are focused on providing cost efficient, reliable, well proven and safe solutions that will use modular construction and shipyard efficiencies and leverage local South Texas labor and company resources.
In early 2015, Texas LNG executed a Process Study Agreement with Air Products to apply its proven and robust C3MR liquefaction process design. Air Products is the leading supplier of natural gas liquefaction technology and main cryogenic heat exchangers. The majority of LNG produced worldwide, including those in Qatar, Malaysia, Indonesia and many other countries, comes from plants utilizing Air Products’ C3MR technology.
Texas LNG also has executed a License Agreement to use natural gas pretreatment technologies by UOP, including the UOP Amine Guard™ FS process, and molecular sieve dehydration and mercury capture technologies. UOP, a Honeywell company, is a global leader in gas processing technologies and equipment. Both Air Products and UOP specifications and data are being integrated into the FEED study in progress.
Texas LNG remains on track to delivering first shipments of LNG from 2020.
About Texas LNG
Texas LNG Brownsville LLC is an independent Houston-based energy company engaged in LNG related businesses. Key members of its management and technical team have extensive LNG, gas and large engineering and construction global project experience, as well as long-term relationships in LNG markets. The company is focused on speed to market, LNG offtake flexibility, efficient use of capital, and creative technical solutions, and is well positioned to commence Phase 1 production of 2 MTA of LNG for export to FTA and non-FTA markets in 2020.
Texas LNG’s initial project will be constructed at the Port of Brownsville in Brownsville, South Texas. Texas LNG’s 625 acre site is strategically located on the north shore of the Port of Brownsville's deepwater ship channel in proximity to natural gas supplies. Additional information about Texas LNG may be found on its website at www.txlng.com.
About Samsung Engineering Co., Ltd.
Samsung Engineering is one of the world’s leading engineering, procurement, construction and project management (EPC & PM) companies. With experience in over 38 countries, the company provides total project management from planning and financing to construction and commissioning and has built some of the world’s largest and most complex hydrocarbon plants. For more information, please visit www.samsungengineering.com.
The information and materials in this document are; Provided for informational purposes only and are subject to addition, deletion and modification without notice at the sole discretion of Texas LNG LLC and Texas LNG Brownsville LLC ; Not warranted or guaranteed to be correct, complete or up-to-date. The information and materials could include technical inaccuracies and other errors. ; Provided “As Is” without any representation or warranties of any kind. No liability, direct or consequential, of any kind arising from the use of information and materials contained in this document or linked website is accepted. ; Not to be considered or to be constituted as investment advice or as any type of offer, offer, invitation, solicitation or recommendation in relation to the purchase or sale of any type of financial instruments or security in any jurisdiction.
Any forward looking statements contained in the information and materials in this document are only predictions and are subject to risks, uncertainties and assumptions, many of which are outside the control of Texas LNG LLC or Texas LNG Brownsville LLC or its officers or representatives. These risks, uncertainties and assumptions include commodity prices, currency fluctuations, economic and financial market conditions in various countries and regions, environmental risks and legislative, fiscal or regulatory developments, political risks, project delay or advancement, approvals and cost estimates. Actual values, results or events may be materially different to those expressed or implied in this document. Given these uncertainties, readers are cautioned not to place reliance on forward looking statements.
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