NextDecade, The Woodlands, Texas-based energy company, recently applied for federal authorization to site, construct and operate the Rio Grande LNG, a proposed liquefied natural gas export facility near Brownsville, Texas, and the Rio Bravo Pipeline, a 137-mile pipeline system that will provide the facility with its feed gas. The company filed its application with the U.S. Federal Energy Regulatory Commission.
The proposed projects highlights that there is a strong appetite for U.S. LNG on a long-term basis from a variety of customers around the world. For example, in November 2015, NextDecade announced that it had signed nonbinding agreements for 14 million tonnes per annum (Mtpa) of LNG with customers across Asia and Europe. Since then, that number has grown to 26 Mtpa, demonstrating a growing desire for U.S.-produced LNG.
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