NextDecade plans Q2 2024 FID for Rio Grande LNG Train 4, subject to TotalEnergies' LNG purchase options.

NextDecade Corp plans a Q2 2024 FID to construct the fourth liquefaction train at its Rio Grande LNG facility, Texas. The firm aims to finalize Train 4 commercial agreements soon, with plans to build the fifth train afterwards. If TotalEnergies exercises its LNG purchase options, an additional 3MTPA of LNG contracts are required for Trains 4 and 5. Currently, TotalEnergies has 1.5MTPA options for both trains.