• Annova LNG Seeks County Tax Breaks For Export Terminal Project
  • May 1, 2015
  • Law Firm: Sutherland Asbill Brennan LLP - Washington Office
  • The Brownsville Herald reports that Annova LNG (Annova) and the Cameron County Commissioners Court are in negotiations on whether to grant Annova’s request “for a 100-percent property tax abatement from the county as an economic development incentive” for Annova’s construction of a liquefaction and LNG export terminal on the Brownsville ship channel. According to the report, Annova claims that every dollar of the projected $2.9 billion it plans to spend on construction of the project “would support $1.32 of total economic output and 38 cents of income for Texas employees.”