Nextdecade

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
Oxy, NextDecade Ink CCS Deal for South Texas Rio Grande LNG Project

Oxy, NextDecade Ink CCS Deal for South Texas Rio Grande LNG Project

U.S. liquefied natural gas (LNG) player NextDecade Corp. is one step closer to sanctioning a carbon capture and sequestration (CCS) project associated with its planned LNG facility in South Texas after signing an initial agreement with Houston-based independent Occidental Petroleum Corp. (Oxy). Houston-based NextDecade said Thursday it had inked a term sheet with Oxy Low…

March 26, 2021
NextDecade Launches CCS Business for Rio Grande LNG

NextDecade Launches CCS Business for Rio Grande LNG

U.S. liquefied natural gas (LNG) developer NextDecade Corp. has launched a subsidiary focused on carbon capture and storage (CCS) as it aims to lower the greenhouse gas (GHG) footprint of its proposed export project in South Texas. The subsidiary, NEXT Carbon Solutions LLC, will develop what NextDecade says is one of the largest CCS projects…

March 18, 2021
NextDecade Abandons Galveston Bay LNG Project Over Regulatory Issues

NextDecade Abandons Galveston Bay LNG Project Over Regulatory Issues

NextDecade Corp. has dropped plans for a liquefied natural gas (LNG) export terminal on the Texas City Ship Channel, saying the site is partially under the control of the federal government and not suitable for the project.  The U.S. Army Corps of Engineers advised the company that a portion of the proposed Galveston Bay LNG…

February 1, 2021
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