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.

Two of the main US export projects on Gulf Coast of Texas, Rio Grande LNG and Port Arthur LNG, as well as the Costa Azul venture in Mexico, are heading for delays of at least a year.