Annova LNG pursuing binding SPAs

Annova LNG pursuing binding SPA's

Houston-based Annova LNG said it is looking to firm up binding sales deals with buyers during 2015 and reach a final investment decision in 2017. 

Exelon Generation is the majority owner of the Annova LNG Brownsville project.

As sources told Reuters, Annova LNG signed a non-binding heads of agreement supply deals with European customers and is looking to turn these deals into binding SPAs before the end of 2015.

The proposed LNG terminal would sit beside the Brownsville Ship Channel on 650 acres designated by the Port of Brownsville for industrial use. Annova LNG said that the site could accommodate three stages of development, with each capable of producing two million tons of LNG a year for at least six million tons annually when complete.

LNG World News Staff; Image: Port of Brownsville

Share this article

Follow LNG World News


<< Oct 2019 >>
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Budapest LNG Summit 2019

The Budapest LNG Summit is a niche event focused on the up and coming LNG region of Central & Eastern Europe (CEE).

read more >

5th CWC China LNG & Gas International Summit & Exhibition

5th CWC China LNG & Gas International Summit & Exhibition will return 16 – 17 October 2019, bringing together the key players…

read more >

LNG Bunkering Mediterrean

The only 3-day course offering theoretical and practical training on LNG bunkering designed by the Mediterranean market leaders.   

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >