LNG

US Rio Grande LNG project developer NextDecade has issued a corporate update saying it has resources to maintain operations through 2021 and has delayed its final investment decision until next year on the venture proposed for the Port of Brownsville in Texas.

NextDecade Corp. of the US and North American pipeline company Enbridge Inc. of Canada, entered into a definitive agreement whereby Enbridge would acquire the Rio Bravo Pipeline Company from NextDecade, developer of the Rio Grande LNG export project.