Texas LNG Clears Final Commercial Hurdle as RWE SPA Targets FID Path for Early 2026

LNG Global

— 1 min read

Who

  • Texas LNG Brownsville LLC, a subsidiary of Glenfarne Group, LLC
  • RWE Supply & Trading, part of RWE
  • Key executives:
    • Vlad Bluzer, Partner at Glenfarne Group and Co-President of Texas LNG
    • Jacob Meins, Chief Commercial Officer Origination at RWE Supply & Trading

What

  • A binding 20-year Sales and Purchase Agreement (SPA) under which RWE will purchase:
    • 1 million tonnes per annum (MTPA) of LNG
    • Equivalent to ~13 LNG cargoes per year or 1.4 bcm of natural gas
  • The agreement completes Texas LNG’s conversion of all prior Heads of Agreement into fully binding long-term offtake contracts, making the project fully subscribed.

When

  • Announced: January 15, 2026
  • Contract duration: 20 years
  • Next milestone: Glenfarne targets a Final Investment Decision (FID) in early 2026

Where

  • Project location: Port of Brownsville, Texas, United States
  • Delivery destinations: Europe and global markets, at RWE’s discretion

Why

  • For Glenfarne / Texas LNG
    • Securing long-term offtake de-risks revenues and enables project financing ahead of FID
    • Positions Texas LNG as a low-emissions LNG supplier using electric-drive liquefaction
  • For RWE
    • Strengthens its global LNG portfolio
    • Enhances Europe’s security of supply
    • Aligns with RWE’s decarbonisation and energy transition strategy

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