NextDecade Expects Train 4 FID for Rio Grande This Year

May 13, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--With purchase options already in place, energy company NextDecade (NASDAQ:NEXT) (Houston, Texas) said it expected to make a final investment decision (FID) on a fourth liquefaction facility at its planned Rio Grande LNG export project in Texas. NextDecade is building its Rio Grande facility for liquefied natural gas (LNG) near the Brownsville shipping channel on the Texas Gulf Coast. Its lease includes 15,000 feet of frontage on the channel, and it is permitted for as much as 1.3 billion cubic feet (Bcf) of LNG exports per year. Other companies featured: Cheniere Energy Incorporated (NYSE:LNG) and TotalEnergies SE (NYSE:TTE)