Toll Processing Business Model News

Texas LNG LLC says it has as filed an application to the United States Department of Energy (DOE) seeking authorization to export up to 2 MTA (million tonnes per annum) of Liquefied Natural Gas (LNG) to FTA (Free Trade Agreement) and non-FTA markets following the execution of its exclusive lease option agreement with the Port of Brownsville in South Texas, USA. The company explains it will employ a toll processing business model whereby the LNG customer will pay Texas LNG a fee…