NextDecade awarded a $4.3bn EPC contract to Bechtel Energy for Rio Grande LNG facility's fourth train in Texas, with a total estimated cost of $6-6.2bn.

NextDecade awarded a $4.3bn EPC contract to Bechtel Energy for the Rio Grande LNG facility's fourth train in Texas, with a total estimated cost of $6-6.2bn. Anticipating a positive FID in H2 2024, the project aims to be a lower-carbon LNG project, with ADNOC already invested in Phase 1 and a 20-year LNG offtake agreement signed. Expected to produce enough energy for 20M households, the facility will capture and store 5M metric tonnes of CO2 annually.

August 06, 2024
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