Texas LNG has announced that it will participate in the US presidential trade mission to the People’s Republic of China.
The trade mission is part of US President Donald Trump’s first state visit to China with Chinese President Xi Jinping.
Langtry Meyer, Texas LNG Founder & Chief Operating Officer, said: “Texas LNG looks forward to representing the US LNG industry and promoting our China-focused strategy which includes LNG offtake, possible capital investment, and liquefaction module fabrication. Our partnerships with Chinese companies will contribute to US – China bilateral trade growth and enable both nations to reap economic and environmental benefits.”
Vivek Chandra, Founder & Chief Executive Officer, added: “We are encouraged by China’s efforts to develop and use LNG as an energy fuel. While bringing jobs and investment to the United States, Texas LNG is ready to deliver clean, abundant Texas natural gas to China.”
Texas LNG expects to receive US Federal Energy Regulatory Commission (FERC) approval and to make a Final Investment Decision (FID) on the development of its liquefaction project in Brownsville, Texas, in 2018. The first phase production of 2 million tpy of LNG is expected to begin in 2023.
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