(Glenfarne Energy, 6.Jun.2024) — Texas LNG, a four million tonnes per annum (MTPA) liquefied natural gas (LNG) export terminal to be constructed in the Port of Brownsville, Texas and owned by Glenfarne Energy Transition, was approved for a Texas Tax Code Chapter 312 tax abatement from Cameron County.
The tax abatement was approved by a four to one vote of the Cameron County Commissioners Court, which will bring Cameron County financial flexibility and funding to bring added services and infrastructure to the area.
“We are committed to being a positive, productive, and transparent partner for Cameron County, and this vote is a meaningful show of support from the County leaders,” said Vlad Bluzer, Co-President of Texas LNG.
Cameron County’s approval of this tax abatement is the latest in a series of important developments for Texas LNG, which will start construction later this year.
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