NextDecade Corporation is targeting a positive final investment decision to start construction of the fourth train at its Texas-based Rio Grande liquefied natural gas (LNG) facility in the second half of 2024.
The company confirmed its target in a recent business update, which said that pre-final investment decision activities for the fourth train, including the front-end engineering and design study and engineering and procurement contract, are already underway.
Following the work on Train 4, NextDecade plans to begin work on Train 5.
French energy company TotalEnergies has LNG purchase options for one and a half million tonnes per annum for Train 4 and Train 5 of the Rio Grande LNG project.
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