RWE secures Texas LNG cargoes through 2045

RWE Supply & Trading and Texas LNG Brownsville LLC, part of Glenfarne Group, have signed a 20-year sales and purchase agreement covering 1M tonnes per annum (mta) of liquefied natural gas supplied from Texas LNG, an export facility Glenfarne said it plans to construct at the Port of Brownsville, Texas.

RWE said the volume corresponds to approximately 13 cargoes and about 1.4Bn m³ of natural gas per year, and stated the LNG could be shipped to locations in Europe and worldwide, with expected commissioning in 2030.

RWE Supply & Trading chief commercial officer origination Jacob Meins framed the agreement as portfolio security, saying, “By securing 1 mta of LNG for our international portfolio, this partnership not only strengthens our position globally but also supports Europe’s security of supply.”

Glenfarne Group partner and co-president of Texas LNG, Vlad Bluzer, linked the deal to project execution and financing, stating Glenfarne is “now focusing on finalising the financing process as we advance toward a final investment decision in early 2026.”