NextDecade Corporation has announced the signing of a $4.3bn lump sum engineering, procurement, and construction (EPC) contract for the fourth train of the Rio Grande LNG facility in Texas.
Rio Grande LNG Train 4, LLC, a subsidiary of NextDecade, awarded the contract to Bechtel Energy. It was announced in January that the pair hoped to finalise the contract in the first half of 2024.
Read more: NextDecade signs credit agreement to support Rio Grande LNG
A positive final investment decision for the fourth train is expected later this year. NextDecade is in discussions with potential buyers of LNG for the fourth train.
... to continue reading you must be subscribed
