rio grande

Columbia JV to Propel Big North American Natural Gas Expansions, Says TC CEO

Columbia JV to Propel Big North American Natural Gas Expansions, Says TC CEO

To advance North American natural gas pipeline expansions, TC Energy Corp. on Monday agreed to monetize a 40% stake in the Columbia systems via a joint venture (JV) with Global Infrastructure Partners (GIP).  The Calgary midstream giant is selling off stakes to GIP in Columbia Gas Transmission LLC and Columbia Gulf Transmission LLC. TC would…

July 24, 2023
NextDecade Targets Rio Grande LNG FID for July After Securing Financing

NextDecade Targets Rio Grande LNG FID for July After Securing Financing

NextDecade Corp. signed binding agreements with lenders to secure the more than $10 billion in financing it needs to fund construction of its Rio Grande LNG export project in Texas and is aiming for a final investment decision (FID) in the next few weeks. The Houston-based company disclosed it has received commitments from an international…

June 30, 2023
FERC Pauses Review for Rio Grande LNG CCS Proposal

FERC Pauses Review for Rio Grande LNG CCS Proposal

As NextDecade Corp. awaits a critical FERC decision for the Rio Grande LNG facility later this week, federal regulators have paused the regulatory process for a project intended to significantly reduce emissions from the Texas export project. In a letter published Friday, Federal Energy Regulatory Staff informed the Houston-based firm that it was suspending an…

April 17, 2023
NextDecade Indicates Rio Grande LNG FID by Mid-Year, Extends Construction Agreements

NextDecade Indicates Rio Grande LNG FID by Mid-Year, Extends Construction Agreements

NextDecade Corp. said in a regulatory filing on Thursday that it has amended its agreements with Bechtel Energy Inc. to lock in the prices of its engineering, procurement and construction (EPC) contracts until June 15 for the proposed Rio Grande LNG export terminal in South Texas. The company extended the agreement after missing a deadline…

March 16, 2023
Water Permit Challenge Against Rio Grande LNG, Pipeline Project Tossed

Water Permit Challenge Against Rio Grande LNG, Pipeline Project Tossed

Work for the Rio Grande LNG terminal and related Rio Bravo Pipeline proposed by NextDecade Corp. in South Texas may proceed after a challenge against the water permits was dismissed. The U.S. Circuit Court of Appeals for the Fifth Circuit last Thursday said a claim brought by a Rio Grande Valley fishermen association and environmental…

January 9, 2023
NextDecade Targets Rio Grande FID Early Next Year After Latest SPA

NextDecade Targets Rio Grande FID Early Next Year After Latest SPA

With its latest sales and purchase agreement (SPA) with Galp Trading SA, NextDecade Corp. is targeting a final investment decision for its Rio Grande LNG terminal early next year. Houston-based NextDecade disclosed Tuesday that it has inked a 20-year, 1 million metric ton/year (mmty) SPA at prices linked to Henry Hub with the unit of…

December 20, 2022
Texas Court Dismisses Port Isabel Case Against Rio Grande LNG, Texas LNG Leases

Texas Court Dismisses Port Isabel Case Against Rio Grande LNG, Texas LNG Leases

A potential obstacle to construct the proposed Rio Grande and Texas LNG facilities in South Texas has been cleared after an appellate court upheld a decision to dismiss a lawsuit over leases. The Thirteenth Court of Appeals, which serves the South Texas area, ruled that a trial court correctly dismissed a case against the Brownsville…

December 2, 2022
NextDecade Gaining Momentum for Rio Grande LNG in Rebound from Financial Issues

NextDecade Gaining Momentum for Rio Grande LNG in Rebound from Financial Issues

NextDecade Corp., which was facing concerns about its financial strength at the beginning of the year, has received a $30 million injection and taken major steps in the last few weeks toward sanctioning a liquefied natural gas (LNG) export project in South Texas. The Houston-based LNG developer in March said in its annual report it…

April 8, 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
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