Gunvor has agreed to purchase liquefied natural gas from the Texas LNG project in Brownsville for two decades, marking one of the trader’s most durable supply commitments in the U.S.
The Singapore-based firm will lift 0.5 million tonnes per year once the facility begins operations, according to the companies.
The deal builds on a preliminary framework signed in 2024, but the binding terms now give Glenfarne Energy Transition, Texas LNG’s parent, enough contracted volumes to move closer to a final investment decision.
The project is designed for four million tonnes per year, with additional negotiations underway for the remaining capacity.
Federal regulators recently reissued the project’s construction approval and set a schedule that runs through late 2029. Glenfarne said it expects to sanction the development before year end.
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Chief executive Brendan Duval called the Gunvor contract a key milestone, noting that other long term arrangements are advancing with different buyers.
Gunvor executive Kalpesh Patel said the pact secures reliable supply while adding diversity to its growing LNG portfolio.
The Brownsville plant, planned to run on electric motor drives, is pitched as a lower-emission alternative to traditional liquefaction facilities. EPC firm Kiewit is contracted to deliver the project under a fixed-price, turnkey structure.
