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Welcome 2018-05-09T11:21:28+00:00

NextDecade Corporation (NASDAQ: NEXT) is a liquefied natural gas (LNG) development company focused on LNG export projects and associated pipelines in the State of Texas. We believe our Rio Grande LNG project has three key competitive advantages:

Low Cost

Low Cost

Experienced Team with Industry-Leading EPC Cost Estimate Target of $450/ton

Lower Risk

Lower Risk

Utilizing Proven Air Products’ AP-C3MR™ Technology & Scalable Design

Optimal Location

Optimal Location

Uncongested Port in South Texas Proximate to Low-Cost Supply

Low Cost

Experience: NextDecade has been working with CB&I on the Rio Grande LNG project since 2014. We are using Air Products C3MR® liquefaction technology and BakerHughes, a GE Company, rotating equipment, which are utilized in the majority of LNG projects around the world. CB&I has extensive experience with the design, construction, and operation of the APCI-C3MR technology.

Fit-for-Purpose: Our large-scale, fit-for-purpose train design allows us to maximize economies of scale, leading to lower cost and minimizing execution and operation risks. Our current EPC cost estimate is $490 per ton for a 3- or 6-train facility; our target cost is $450 per ton.

Lower Risk

Technology: Our decision to use proven APCI and GE technology reduces our construction and operational risk relative to some of our peers who have decided to use new technologies. Importantly, our technology choices resonate with prospective customers, who have a strong preference for well-established, proven solutions.

Scalability: We expect our customers’ demand requirements to materialize incrementally. Rio Grande LNG is scalable – from 9 mtpa (2 trains) to 27 mtpa (6 trains) – to meet our customers growing LNG demand. This is an important differentiator for NextDecade, as we remain extremely cost competitive with a final investment decision for as few as 2 trains (average EPC cost estimate of $535 per ton with a target of $500 per ton) while some of our competitors are exposed to adverse economic outcomes until they achieve maximum output. 

Optimal Location

Uncongested Port: NextDecade’s proposed Rio Grande LNG project is located in the Port of Brownsville, a deep water, industrial port with minimal existing vessel traffic. In contrast, many of our competitors are planning to build LNG export facilities in already congested ship channels elsewhere in Texas and in Louisiana.

Low-Cost Supply: Our location also allows us – and our customers – access to immense, low-cost natural gas reserves in the Permian Basin and Eagle Ford Shale. Nearly half of all U.S. drilling and completion spending is concentrated in the Permian Basin alone.

NextDecade Corporation

3 Waterway Square Place, Suite 400
The Woodlands, TX 77380
USA

+1 (713) 574-1880
info@next-decade.com