Oil & Gas

The U.S. is taking a major step forward in clean marine fuel infrastructure with the development of the first dedicated LNG bunkering hub on the Gulf Coast, as the Galveston LNG Bunker Port (GLBP) secures final permits to begin construction later this year. A joint venture between Houston-based Pilot LNG and Seapath (a subsidiary of the Libra Group), the $300 million project will be built along the Texas City Ship Channel. The hub is designed to supply LNG via barge to a growing fleet of LNG-powered vessels operating in the Houston-Galveston region. Backed by final authorizations from the U.S. Army Corps of Engineers and the U.S. Coast Guard, the project is expected to start initial bunkering operations by the second half of 2027, with first-phase production set at 360,000 gallons per day and plans to double that capacity shortly thereafter.

This strategic development positions the U.S. at the forefront of LNG marine fuel supply as the global shipping industry pushes toward lower emissions. GLBP will not only serve as a key clean fuel hub in the Gulf region but also support Port Houston, the largest U.S. port by waterborne tonnage, contributing to both environmental goals and national economic strength. Unlike traditional LNG exports, marine LNG fuel does not require export licenses, opening up a unique domestic market. The project underscores the growing U.S. role in replacing Russian gas exports and promoting cleaner energy in maritime sectors. With decades of maritime experience through its other subsidiaries like Lomar Shipping and Americraft Marine, Libra Group is leveraging its assets to support this significant transition in fuel infrastructure and shipbuilding.