NextDecade LLC has signed an option-to-lease agreement with the Port of Brownsville that will double the size of the company’s site for its proposed Rio Grande LNG export terminal to 1000 acres.
This decision follows NextDecade’s recently completed Basis of Design (PreFEED) for the LNG terminal facility and its accompanying 130 mile Rio Bravo Pipeline, linking the terminal with the Agua Dulce market hub. NextDecade is currently preparing to start FEED.
Kathleen Eisbrenner, Founder and CEO of NextDecade, said: “NextDecade has taken a major step forward by securing such a prime site for our Rio Grande LNG project[…] We have worked diligently to complete our Basis of Design to ensure a competitive, well thought out and executable project and are committed to working with the Federal Energy Regulatory Commission (FERC), our industry-leading partners and the local community to bring this project to fruition.”
LNG project site
The Rio Grande LNG site is located on the northern shore of the Brownsville Ship Channel. The LNG site is close to the Gulf, providing access to major global LNG markets. The additional acreage will also provide increased design flexibility and expansion capability.
NextDecade is currently engaged in a detailed assessment of every aspect of the site to ensure that all safety and environmental requirements are met as it prepares for initial FERC pre-filing process submissions later this month. The company is also actively conducting community consultations.
Port of Brownsville Director and CEO, Eduardo A. Campirano, said: “The Port of Brownsville welcomes NextDecade’s interest in the Port. The development of a project such as this will bring jobs and additional economic development to the entire Rio Grande Valley.”
Edited from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/liquefaction/05032015/rio-grande-lng-project-doubles-site-size-370/