Rio Grande LNG receives non-FTA export authorisation
Published by David Rowlands,
Next Decade already received authorisation from the DoE to export LNG to free trade agreement (FTA) countries in August 2016. With both authorisations now having been issued, the company is now authorised to export LNG equivalent to 1,318 billion ft3/yr of natural gas from Rio Grande LNG to both FTA and non-FTA countries.
The DoE said: “Record levels of natural gas production in the US continue to enhance global energy security while providing domestic benefits, including infrastructure development and job creation. If built to capacity, the Rio Grande LNG project, including the connected Rio Bravo pipeline, is expected to create over 5000 jobs during peak construction and represents infrastructure investment in excess of US$15 billion.”
Matt Schatzman, NextDecade’s Chairman and Chief Executive Officer, added: “We greatly appreciate the Energy Department’s diligent review of our Rio Grande LNG project, as well as Secretary Brouillette’s continued support for the export of abundant and reliable US energy to our partners and allies.
“This is another significant milestone for our Rio Grande LNG project, which will play a critical role in linking natural gas from the Permian Basin and Eagle Ford Shale to the global LNG market, providing countries around the world access to cleaner energy.”
In the statement, NextDecade also highlights another regulatory milestone it reached in November 2019, when the Federal Energy Regulatory Commission (FERC) issued an order authorising the siting, construction, and operation of Rio Grande LNG and the associated Rio Bravo Pipeline. On 23 January 2020, FERC issued its final order denying rehearing requests on Rio Grande LNG and Rio Bravo Pipeline.
Read the article online at: https://www.lngindustry.com/liquefaction/11022020/rio-grande-lng-receives-non-fta-export-authorisation/
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