Glenfarne Group acquires Magnolia LNG project in Louisiana
Magnolia LNG is a ‘well-known and high-quality project’ that Glenfarne plans to develop due to the ‘essential role’ played by natural gas in the transition to a lower carbon world
The acquisition increases Glenfarne’s liquefied natural gas export capacity to approximately 12m tonnes a year, with the additional 4m tonnes a year coming from the Texas LNG Brownsville development