NextDecade CEO Sees LNG Prices Rising as Cost to Build New Capacity Continues Increasing

NextDecade Corp. CEO Matthew Schatzman said FERC’s recent order reaffirming its approval for Rio Grande LNG was a crucial milestone that’s likely to vault sanctioning of the project across the finish line.

Editor’s Note: This segment is part of a regular series by NGI’s LNG Insight, shared on a one-time basis with NGI’s Daily Gas Price Index audience. Click here for more information about NGI’s LNG Insight service. Conversations with experts explore news and issues throughout the global LNG market that matter most to the industry in North America and beyond. Excerpts have been edited for brevity and clarity.

“This was a strong order,” Schatzman told NGI in an interview days after the Federal Energy Regulatory Commission made its decision on April 20. “It removes...