A positive final investment decision (FID) has been reached to construct the first three liquefaction trains – or Phase 1 – of NextDecade’s Rio Grande LNG export facility in Brownsville, Texas, has been reached.
The $18.4bn project financing for the development will see what is believed to be the US’ largest greenfield energy project come to life and play a critical role in the global energy transition.
Once complete, Phase 1 of the Rio Grande LNG facility will have a nameplate liquefaction capacity of 17.6 million tonnes per annum.
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