New LNG Company Plans 22.5 MTPA Export Facility on Texas Gulf Coast

Last week, a new company entered the U.S. LNG export market. Coastal Bend LNG, a privately held energy infrastructure development company, announced it has initiated the development of a 22.5 million ton per annum (MTPA) natural gas liquefaction and export facility on the Texas Gulf Coast. The company plans to file an application with the Federal Energy Regulatory Commission (FERC) this year. If the full vision is realized (22.5 MTPA), it will become the second-largest LNG export plant in the U.S., behind Cheniere Energy's 29.5 MTPA Sabine Pass facility.

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