NextDecade delays Rio Grande LNG FID to second-half 2022
NextDecade Corp. has delayed final investment decision (FID) on the 11-million tonne/year (tpy) first phase of its 27-million tpy Rio Grande LNG liquefaction plant in Brownsville, Tex., to second-half 2022. The company had been targeting a first-half 2022 FID.
The plant has received full permitting for five 5.5-million tpy trains and will include four 180,000-cu m full-containment storage tanks. The workplan for Phase 1 includes full site preparation for the remaining three trains.
Next Decade has contracted Bechtel Corp. to a lump-sum turnkey engineering, procurement, and construction contract and has a 2-million tpy sales agreement in place with Royal Dutch Shell PLC.
Rio Grande LNG will capture and store more than 5 million tpy of carbon dioxide (CCS) at full capacity. It expects to receive US Federal Energy Regulatory Commission approval for the CCS project in 2022 and has contracted Mitsubishi Heavy Industries America Inc. to provide the required technology (OGJ Online, Apr. 16, 2021).
Christopher E. Smith | Editor in Chief
Christopher brings 27 years of experience in a variety of oil and gas industry analysis and reporting roles to his work as Editor-in-Chief, specializing for the last 15 of them in midstream and transportation sectors.