NextDecade Corporation has scrapped plans to have a carbon capture and storage (CCS) project located at its Rio Grande liquefied natural gas (LNG) facility in Texas.
The US LNG specialist has withdrawn its application at the Federal Energy Regulatory Commission (FERC) for the CCS site and requested that it terminate the CCS proceeding.
NextDecade Chairman CEO Matt Schatzman said the project is not sufficiently developed to allow FERC review to continue at this time.
“The CCS project at RioGrande LNG is not sufficiently developed to allow FERC review to continue currently. We remain committed to advancing and lowering the cost of utilising CCS and helping companies reduce facility emissions achieve clean energy goals.”
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