Texas LNG Brownsville Secures Funding for LNG Export Terminal
Texas LNG Brownsville LLC (Texas LNG) announced that it has secured development capital from Third Point LLC for a proposed 2 million tonnes per annum LNG export project on the Port of Brownsville shipping channel in Brownsville, Texas. Texas LNG expects to begin the FERC pre-filing environmental review process in early 2015 and the first LNG shipments from the project are planned for 2019.