Next Decade increases Rio Grande LNG site

NextDecade said it has signed an option-to-lease agreement with the Port of Brownsville that will expand the company’s site to 1,000 acres for its proposed Rio Grande LNG export terminal, doubling its initial agreement.

This decision follows NextDecade’s recently completed basis of design, also known as PreFEED, for the LNG terminal facility and its accompanying 130-mile Rio Bravo pipeline linking the terminal with the Agua Dulce market hub. NextDecade is currently preparing to kick off FEED.

The Rio Grande LNG site, located on the northern shore of the Brownsville Ship Channel, provides an optimal location for an LNG export terminal with substantial expansion opportunities. Securing a sizable site with deep-water access represents one of more significant milestones for LNG projects. In addition, the RGLNG site is close to the Gulf, providing access to major global LNG markets, while the additional acreage will provide increased design flexibility and expansion capability.

NextDecade is currently engaged in a detailed assessment of every aspect of the site to ensure that all safety and environmental requirements are met as it prepares for initial FERC pre-filing process submissions later this month, and is actively conducting community consultations.

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Image: NextDecade