LNG

US federal regulators have granted NextDecade another three years to complete the first five trains at its Rio Grande LNG export project, extending the in-service-deadline to November 2031. NextDecade subsequently filed an application for train 6.

NextDecade is preparing for a 2027 final investment decision (FID) for Train 6 at its Rio Grande LNG project, as offtake interest already exceeds the facility’s planned capacity.

Cheniere Energy, the largest US LNG exporter from the Sabine Pas plant in Louisiana and Corpus Christi in Texas, reported annual revenues up by 70 percent to $15.86 billion, though posted a net loss from changes to the fair value of derivatives and from previous cancelled cargoes.