Nextdecade

Cheniere, NextDecade Each Clinch LNG Contracts for Asian Deliveries

Cheniere, NextDecade Each Clinch LNG Contracts for Asian Deliveries

The hot summer of long-term LNG supply contracts for U.S. exporters is continuing this week with another pair of separate sales and purchase agreements (SPA) by Cheniere Energy Inc. and NextDecade Corp. A Cheniere subsidiary secured a 1 million metric tons/year (mmty) SPA for liquefied natural gas with Thailand’s PTT Public Co. Ltd. (PTT). Houston-based…

July 27, 2022
NextDecade Nets 1 MMty Contract with China Gas, Continuing ‘Acceleration’ of Offtake Agreements

NextDecade Nets 1 MMty Contract with China Gas, Continuing ‘Acceleration’ of Offtake Agreements

NextDecade Corp. announced its third long-term contract with a Chinese company for liquefied natural gas (LNG) offtake as it prepares to possibly sanction the first two trains of its Rio Grande LNG project this year. Houston-based NextDecade disclosed Tuesday it has clinched a 1.0 million metric ton/year (mmty), 20-year sales and purchase agreement (SPA) with…

July 5, 2022
NextDecade, Energy Transfer Ink SPAs for Proposed Rio Grande and Lake Charles LNG Projects

NextDecade, Energy Transfer Ink SPAs for Proposed Rio Grande and Lake Charles LNG Projects

NextDecade Corp. and Energy Transfer LP separately on Monday clinched more sales and purchase agreements (SPA) for their respective liquefied natural gas (LNG) export projects proposed for South Texas and Louisiana. France’s Engie SA negotiated a 15-year, 1.75 million metric ton/year (mmty) SPA with Houston-based NextDecade for gas from Rio Grande in Brownsville, TX. Engie…

May 2, 2022
NextDecade Nets Another SPA for Rio Grande with China’s ENN

NextDecade Nets Another SPA for Rio Grande with China’s ENN

NextDecade Corp. has landed its second long-term agreement for liquefied natural gas (LNG) with a Chinese buyer in less than two weeks as it shores up offtake ahead of a possible summer sanctioning of its South Texas export project. The Houston-based company announced Wednesday a 20-year sale and purchase agreement (SPA) with ENN LNG Pte…

April 6, 2022
NextDecade Signs Second Agreement for Rio Grande LNG as it Eyes Future FID

NextDecade Signs Second Agreement for Rio Grande LNG as it Eyes Future FID

NextDecade Corp. has landed a second customer for its proposed Rio Grande liquefied natural gas (LNG) project in South Texas, announcing a long-term deal with a major Chinese utility as it heads closer to a possible final investment decision (FID) later in the year.  The Houston-based company disclosed Thursday it has entered a heads of…

March 25, 2022
NextDecade Now Targeting Rio Grande LNG FID Later This Year

NextDecade Now Targeting Rio Grande LNG FID Later This Year

NextDecade Corp. has again pushed back a final investment decision for its Rio Grande liquefied natural gas (LNG) export project in Brownsville, TX.  The company is now targeting the second half of 2022 for an FID on 11 million metric tons/year (mmty), or two liquefaction trains, according to an updated investor presentation released on Monday.…

January 4, 2022
NextDecade Seeks FERC Approval for CCS at Rio Grande LNG

NextDecade Seeks FERC Approval for CCS at Rio Grande LNG

NextDecade Corp. has filed an application with FERC to include carbon capture and sequestration (CCS) systems at its proposed Rio Grande liquefied natural gas (RGLNG) export project in Brownsville, TX.  The company is seeking to modify the Federal Energy Regulatory Commission’s 2019 authorization to site, construct and operate the terminal. It has requested a “limited…

November 22, 2021
New Fortress Renews $766M LNG Project for Ireland with ‘Future-Proofed’ Hydrogen Option

New Fortress Renews $766M LNG Project for Ireland with ‘Future-Proofed’ Hydrogen Option

U.S. liquefied natural gas (LNG) developer New Fortress Energy Inc. is reviving plans to build a $766 million import terminal in Ireland, this time with a “future-proofed” design that would allow it to transition to hydrogen gas in the coming years. A spokesperson for New Fortress said last week the company plans to file a…

September 1, 2021
FERC Ordered to Revisit South Texas LNG Authorizations as Court Finds Environmental Analyses Lacking

FERC Ordered to Revisit South Texas LNG Authorizations as Court Finds Environmental Analyses Lacking

A federal court on Tuesday ordered FERC to review its approvals of two planned liquefied natural gas (LNG) export projects in South Texas, saying the agency had not adequately explained its approach in evaluating the potential impacts on climate change and environmental justice (EJ) communities. The decision handed down from the U.S. Court of Appeals…

August 4, 2021
NextDecade, Project Canary Launch GHG Monitoring Pilot for Rio Grande LNG

NextDecade, Project Canary Launch GHG Monitoring Pilot for Rio Grande LNG

U.S. liquefied natural gas (LNG) developer NextDecade Corp. is teaming up with Project Canary to measure greenhouse gas (GHG) emissions associated with cargoes from the planned Rio Grande export facility in Texas, an effort the companies said is the first of its kind in the global LNG industry. The joint pilot project would focus on…

April 19, 2021
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