May 2016, Vol. 243, No. 5
Projects
NextDecade Files Application to Site Rio Grande LNG, Rio Bravo Pipeline
The Woodlands, TX-based NextDecade, a development and management company of liquefied natural gas (LNG) projects, filed an application with the Federal Energy Regulatory Commission (FERC) to site, construct and operate Rio Grande LNG.
The proposed 27 mtpa LNG export facility near Brownsville, TX. Feedstock for the facility will be supplied by the Rio Bravo Pipeline, a 137-mile pipeline system. The move places the project on target to sign off ake agreements and declare a final investment decision (FID) in 2017.
NextDecade announced in November it had signed non-binding agreements for 14 mtpa of LNG with customers in Asia and Europe. Since then, that number has grown to 26 Mtpa, demonstrating a continued desire for U.S.-produced LNG from customers around the world, the company said.
NextDecade expects to receive authorization from the FERC by the end of the first quarter of 2017 and begin exporting LNG from Rio Grande LNG by the end of 2020.
Comments