Nextdecade

NextDecade Set to Sanction ‘Minimum of Two Trains’ This Year Despite MOU Expiration

NextDecade Set to Sanction ‘Minimum of Two Trains’ This Year Despite MOU Expiration

NextDecade Corp. has stopped all development activities for a liquefied natural gas (LNG) import terminal in Ireland, but the Houston-based developer still plans to reach a final investment decision (FID) this year on “a minimum of two trains” at the proposed export terminal in South Texas. A memorandum of understanding (MOU) reached in 2017 between…

January 20, 2021
NextDecade, Bechtel Extend Rio Grande LNG Contract to End of 2021

NextDecade, Bechtel Extend Rio Grande LNG Contract to End of 2021

Engineering firm Bechtel Corp. last month agreed to give NextDecade Corp. more time to fund its proposed Rio Grande liquefied natural gas (LNG) export project in Texas, amid a major setback that the project recently sustained. Houston-based NextDecade now has until December 21, 2021, to make positive final investment decisions (FIDs) to build up to…

November 9, 2020
NextDecade’s Proposed South Texas LNG Project Smaller, Less Polluting

NextDecade’s Proposed South Texas LNG Project Smaller, Less Polluting

In a win-win for NextDecade Corp., the technology adopted by the developer for its proposed Rio Grande liquefied natural gas (RGLNG) project in South Texas is to be capable of producing more super-chilled fuel with lower emissions. With the technology, the footprint of the 27 million metric tons/year project would be reduced to five production…

July 15, 2020
NextDecade Delays Rio Grande LNG FID to 2021, Cuts Costs to Reach Finish Line

NextDecade Delays Rio Grande LNG FID to 2021, Cuts Costs to Reach Finish Line

NextDecade Corp. said Monday it now expects to make a final investment decision (FID) on its Rio Grande liquefied natural gas (LNG) export project on the South Texas coast next year as the Covid-19 pandemic continues to upend energy markets.

May 18, 2020
Enbridge Expands Role in LNG Exports with Deal to Buy Rio Bravo Pipeline

Enbridge Expands Role in LNG Exports with Deal to Buy Rio Bravo Pipeline

Enbridge Inc. has agreed to acquire the Rio Bravo Pipeline Co. and assume full ownership of the 4.5 Bcf/d system that would feed NextDecade Corp.’s proposed RioGrande liquefied natural gas (LNG) export facility.

February 14, 2020
Rio Grande LNG Developer NextDecade Secures $50M From Abu Dhabi Investor

Rio Grande LNG Developer NextDecade Secures $50M From Abu Dhabi Investor

Abu Dhabi-based sovereign investor Mubadala Investment Co. has agreed to purchase $50 million in common stock in Houston-based liquefied natural gas (LNG) developer NextDecade Corp., the companies announced Thursday.

October 24, 2019
NextDecade, Enbridge Eye South Texas Gas Pipelines to Serve Rio Grande LNG

NextDecade, Enbridge Eye South Texas Gas Pipelines to Serve Rio Grande LNG

NextDecade Corp. and Enbridge Inc. on Wednesday announced a memorandum of understanding to pursue the Rio Bravo Pipeline, as well as other natural gas pipelines, to transport supply to NextDecade’s proposed gas export project near the South Texas border in Brownsville.

September 18, 2019
Freeport LNG Delays First Cargo to Late August After Gasket Failure

Freeport LNG Delays First Cargo to Late August After Gasket Failure

After a recent mechanical issue, the Freeport liquefied natural gas (LNG) terminal on Quintana Island off the upper Texas coast now expects to ship its first export cargo late this month, the company said Friday.

August 16, 2019

New Deals Provide Positive Momentum for Second-Wave U.S. LNG Export Projects

Developers of the Calcasieu Pass liquefied natural gas (LNG) export project on the Gulf Coast scored a $1.3 billion investment as Stonepeak Infrastructure Partners extended its reach into the North American LNG business, the companies announced Tuesday.

May 28, 2019

U.S. LNG Pioneer, NextDecade Founder Eisbrenner Dies

Kathleen M. Eisbrenner, an oil and gas pioneer who founded and chaired NextDecade Corp., has died. She was 58.

May 13, 2019
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