A unit of liquefied natural gas (LNG) export terminal developer NextDecade LLC and floating LNG developer FLEX LNG are partnering to create solutions for customers wishing to buy LNG from NextDecade's proposed Rio Grande LNG export project in Brownsville, TX. The partners plan to develop floating storage and regasification unit (FSRU) and dockside solutions for international customers of NextDecade. LNG supply is to be provided by NextDecade. "Global interest for NextDecade's U.S.-produced LNG has demonstrated a need for additional and flexible import solutions worldwide," said NextDecade CEO Kathleen Eisbrenner. A heads of agreement stipulates terms for the long-term charter of FLEX LNG FSRUs, connecting customers with a need for regasification import solutions to NextDecade's Rio Grande project. FLEX LNG is developing FSRU solutions that include newbuild vessels as well as conversions of existing LNG carriers.
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