July 23 (Reuters) - Glenfarne Group LLC's Texas LNG and

EQT Corporation ( EQT ) have executed a 20-year tolling

agreement for natural gas liquefaction services for 2 million

tonnes per annum (MTPA) of LNG, the energy companies said on

Tuesday.

This agreement follows two Heads of Agreement signed by

Texas LNG and EQT earlier this year.

Tolling agreements are fee-for-service deals in which the

gas provider pays the company to convert gas to LNG, which it

then sells to its customers.

"Glenfarne's partnership with EQT will bring low-emission

natural gas to transitioning and emerging markets, powering the

globe's phase out of legacy, carbon-intensive fuels," Glenfarne

CEO Brendan Duval said.

Texas LNG has secured offtake agreements for most of its

project's remaining offtake, the company said, adding, "this

includes a signed agreement with a top-tier, credit-rated market

participant for 0.5 MTPA announced earlier this month."

In May, Glenfarne asked federal energy regulators to give it

until November 2029 to put its proposed Texas LNG export plant

into service.

The Texas LNG export plant, to be constructed in the Port of

Brownsville, Texas, will have a capacity of 4 MTPA of LNG. It is

expected to begin construction in 2024 and commence commercial

operations in 2028.