RWE and Glenfarne sign 20-year supply agreement for Liquefied Natural Gas from the U.S.
Germany, Jan. 15 -- RWE Supply & Trading, and Texas LNG Brownsville LLC, part of Glenfarne Group, LLC (Glenfarne), have signed a 20-year sales and purchase agreement for one million tonnes per annum (MTPA) of liquefied natural gas (LNG). This corresponds to approximately 13 cargoes of LNG and approximately 1.4 billion cubic meters (BCM) per year of natural gas respectively.LNG will be supplied from Texas LNG, an LNG export facility Glenfarne will construct in the Port of Brownsville, Texas. Deliveries can be shipped by RWE to locations in Europe and worldwide.The Texas LNG facility utilizes electric drive motors for LNG production, making it one of the lowest-emitting LNG terminals globally. The agreement contains a robust framework for mon...
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