LNG

May 14 (LNGJ) - NextDecade, the company controlled by former Royal Dutch Shell LNG senior executive  Katherine Eisbrenner, has signed an agreement with CB&I for the front-end engineering and design and the engineering, procurement and construction terms related to the Rio Grande LNG export project in Brownsville, Texas. Eisbrenner, founder and CEO of NextDecade, said: "NextDecade is excited to enter into this agreement with CB&I for FEED, including the terms for the EPC as part of our Rio Grande LNG project. Not only is this an important milestone, but it also signals the recognition of a longstanding relationship and cooperation with our partner CB&I." The scope of the agreement covers all design and engineering activities required for the full FERC permitting process, as well as for the parties to prepare the procurement of critical equipment until the point of the final investment Decision. "This will be possible once the FERC and related permitting agencies have given full authorization to construct, expected in 2017," NextDecade said.