NextDecade eyes FID on Rio Grande LNG in Q3-19

Monday, 04 February 2019
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NextDecade Corp. envisages reaching financial close on the 27 mtpa Rio Grande liquefaction and export project in Texas in the third quarter of this year. The project remains subject to final review by the Federal Energy Regulatory Commission (FERC). 

A final Environmental Impact Statement (FEIS) will be issued on April 26 for the Rio Grande developments and the FERC has established a 90-day decision deadline of July 25, 2019.

Texan regulators have already granted the Rio Grande project and its Rio Bravo Pipeline a state permit in December 2018, though federal regulators were not expected to make a decision about the projects until July 2019.

Promoting 2nd Texan LNG venture

In late January, NextDecade Corp., staged two public events to raise support for its proposed 5.5 mtpa Galveston Bay LNG. Stakeholders gathered at Rosenberg and Texas City.

“The Galveston Bay project open houses represent the first of several opportunities throughout the regulatory and permitting process, led by FERC, for area residents to learn more about the proposed project and to ask questions,” said NextDecade.

The Galveston Bay LNG venture will include a 97-mile affiliated pipeline to move 3 billion cubic feet of natural gas per day from the Katy Hub in Waller County, while the liquefaction plant is proposed for a 550-acre site along the Texas City Ship Channel. 

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