NextDecade Corporation Approves Investment and Launches Construction of Train 4 at Rio Grande LNG, Targeting 2030 Completion
Reuters
Sep 10, 2025
<a href="https://laohu8.com/S/NEXT">NextDecade Corporation</a> Approves Investment and Launches Construction of Train 4 at Rio Grande LNG, Targeting 2030 Completion
NextDecade Corporation has announced a positive final investment decision for Train 4 at the Rio Grande LNG project, marking a significant milestone in its development. The decision includes full notice to proceed issued to Bechtel Energy Inc. under a turnkey EPC contract. Train 4, which has an expected LNG production capacity of approximately 6 million tonnes per annum, is fully funded through $1.33 billion in term loans, ensuring no impact on NextDecade's common shares. The project is backed by long-term LNG Sale and Purchase Agreements with major companies like ADNOC, TotalEnergies, and Aramco. The completion and initial commercial delivery of Train 4 are anticipated in the second half of 2030. NextDecade holds an initial 40% economic interest in Train 4, which will increase to 60% following certain financial milestones. The company is also progressing towards a final investment decision on Train 5, expected in late 2025.
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