Annova LNG Signs Agreement for Electricity

Annova LNG has signed an agreement with the South Texas Electric Cooperative (STEC) for its member, the Magic Valley Electric Cooperative, to provide 405 MW which is the total transmission needs for the 6.0 MTPA LNG export project.

By utilizing electrical power from the grid instead of natural gas to drive liquefaction compression, the facility reduces its environmental impact.

Annova LNG estimates commercial operations to begin in 2024.

Annova LNG will support an average of approximately 700 on-site jobs over a four-year period. After completion, the facility will employ approximately 165 permanent full-time workers.