Nextdecade

NextDecade Corp. said it is considering a plan to use two production trains for its proposed liquefied natural gas (LNG) export facility in South Texas, but it still plans to eventually have six trains running at the facility near the Mexican border.

Liquefied natural gas (LNG) terminal developer NextDecade LLC has named GE Oil & Gas exclusive supplier of gas turbine and compressor equipment for the liquefaction trains of its Rio Grande LNG project and associated Rio Bravo Pipeline in Texas. GE Oil & Gas also is providing NextDecade with a common equity investment and has been granted the right to invest up to a specified amount in project-level equity and debt financing for Rio Grande LNG at the time of final investment decision.

Liquefied natural gas (LNG) export terminal developer NextDecade LLC of The Woodlands, TX, has struck a tentative deal to go public in a reverse merger transaction that values the company at $1 billion.

The Department of Energy (DOE) has granted NextDecade LLC’s Rio Grande LNG terminal authorization to export to natural gas to countries with free trade agreements (FTA), the company announced Wednesday.

Liquefied natural gas (LNG) developer NextDecade has an option on land it’s considering for a terminal site in Galveston, TX. The project is seen as a potential complement to a terminal the company is planning to construct in Brownsville, TX.