Snapshot of Economic Progress

Page 138

Houston-based Annova LNG, LLC has filed preliminary paperwork with the Federal

Energy Regulatory Commission to explore the potential development of a mid-scale

natural gas liquefaction and transfer facility at the Port of Brownsville, Texas. Exelon

Generation is the majority owner of Annova LNG, LLC.

The project is contingent upon Annova successfully obtaining all necessary local, state and federal permits; acquisition of sufficient long-term customer commitments to buy

liquefied natural gas from the facility; and broad public support of the project in South Texas.

A decision whether to build the facility is expected by the end of 2017.

If built, the LNG terminal would sit beside the Brownsville Ship Channel on 650 acres designated by the Port of Brownsville for industrial use. The proposed site is about eight miles from the Gulf of Mexico. The facility would be operational by 2020.

Annova LNG:

Economically smart. Environmentally sound.

Construction of the project would support an average of 675 on-site jobs over a four-year period, which translates to approximately $324 million in direct labor income for Texans, according to an Ernst & Young economic analysis completed in February 2015. Once operational, the facility would employ about 165 workers at an average salary of about $70,000 a year. Annova LNG’s proposed transfer facility would use natural gas that is most likely produced in Texas and arrives via a pipeline. It would safely cool the natural gas until it becomes a liquid, then load it onto secure, double-hulled ships to deliver to foreign customers. An economic impact study conducted by respected consultants at Ernst & Young estimates that the Annova LNG Brownsville Project would produce 675 jobs during the

Photos & Story Courtesy of: KGBTexas Communications

three to four-year construction phase. Once


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