Annova LNG Signs Precedent Agreement with Enbridge Affiliate
Annova LNG announced that it has signed a Precedent Agreement with Enbridge affiliate Valley Crossing Pipeline, LLC (VCP), providing transportation for Annova LNG’s total natural gas requirements at its proposed 6.5 metric tonnes per annum LNG facility in Brownsville, Texas. According to the press release, under “the Precedent Agreement, the existing Valley Crossing Pipeline from Agua Dulce to Brownsville, Texas, will be expanded along with the construction of an approximately nine-mile lateral connecting VCP to Annova LNG’s facility.” The Precedent Agreement “provides for the execution of [a] 20-year firm transportation service agreement that will access multiple receipt points with major pipelines in the Agua Dulce area providing gas supply diversity for Annova’s feed gas requirements. . . . Annova LNG is scheduled to commence commissioning in 2024 and commercial operations in early 2025.”