Glenfarne signs 20-year LNG offtake agreement with RWE

Summary

Glenfarne's Texas LNG has signed a 20-year Sales and Purchase Agreement with RWE for one million tonnes per year of LNG, equating to approximately 1.4 billion cubic meters of natural gas annually. This agreement finalizes all previously announced Heads of Agreement and supports RWE's LNG supply strategy. Glenfarne is now focusing on financing as it aims for a final investment decision in early 2026.

Recent Coverage

• Texas LNG Signs RWE for Final Offtake Deal, Eyes FID

  Energy Intel • Jan 15

• Glenfarne’s Texas LNG project fully subscribed, moves focus to financing, FID

  Oil & Gas Journal - Pipelines & Transportation • Jan 15

• Glenfarne’s Texas LNG Project Fully Subscribed With RWE Binding Offtake Agreement

  Business Wire - Energy • Jan 15