Glenfarne’s Texas LNG facility in Brownsville, Texas, will have a capacity of 4 MTPA. EQT Corporation, the largest natural gas producer in the Marcellus/Utica, signed two agreements with Glenfarne to liquefy 2.0 million tons per annum (MTPA) of EQT-extracted shale gas at the facility when it’s built (see EQT Signs Contract to Ship 264 MMcf/d to LNG Export Plant in Texas). That works out to be roughly 264 million cubic feet per day (MMcf/d) of EQT’s M-U molecules hitching a ride to South Texas. Good news: Glenfarne has raised $5.7 billion in debt financing to build it. The company actually had people raise their hands, representing $10 billion on offer.
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