U.S. Maritime Administration Grants Deepwater Port License for $8.2 bn ST LNG Offshore Export Project

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The U.S. Maritime Administration approved a deepwater port license on October 28, 2026. This action clears a regulatory hurdle for an offshore LNG export terminal off Matagorda, Texas. The project has a cost of $8.2 billion. Construction is scheduled to begin in 2027.

The Maritime Administration approved a deepwater port license on Oct. 28, 2026, clearing a key regulatory hurdle for the $8.2 billion offshore LNG export terminal off Matagorda, Texas, with construction slated for 2027.

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