09 October 2026
Port of Galveston Approves Lease for Pelican Island LNG Plant
Galveston Wharves has signed a lease and development agreement with Power LNG, which plans to develop a small-scale, modular liquefied natural gas (LNG) production, storage and fuel bunkering facility on Pelican Island.
The agreement outlines requirements related to government permits and approvals, project financing, rent and other charges, as well as commercial and operating agreements needed to advance the development.
The Galveston Wharves Board of Trustees approved the deal at its October 8 meeting, the port said in a statement.