NextDecade Approves $6.7 Billion Expansion of Rio Grande LNG ...Middle East

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NextDecade Approves $6.7 Billion Expansion of Rio Grande LNG
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U.S. LNG developer NextDecade Corporation has decided to invest $6.7 billion in the expansion of its Rio Grande LNG facility in Texas in another boost to America’s LNG export capacity in the coming years.  NextDecade has just announced a positive final investment decision (FID) on Train 5 at Rio Grande LNG, closed financial transactions to fully fund Train 5 and related infrastructure, and issued full notice to proceed to Bechtel Energy for Train 5.  Project costs for Train 5 and related infrastructure are expected to total approximately…

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