A U.S. LNG project with unique commercial offerings
Global LNG Customers
NextDecade’s Rio Grande LNG project facilitates access to abundant U.S. gas resources from the Permian Basin and Eagle Ford Shale, among others.
U.S. Energy Producers
NextDecade’s Rio Grande LNG project provides an important link for Permian Basin and Eagle Ford Shale gas production to reach global LNG markets.
Due to its proven approach and optimal location, NextDecade's Rio Grande LNG project is uniquely positioned among second-wave U.S. project developers in offering multiple pricing options to customers.
NextDecade is uniquely positioned to offer its global customers LNG indexed to Brent oil. Production economics in the Permian Basin and Eagle Ford Shale are driven largely by oil, and producers must find a home for associated gas. LNG customers are accustomed to procuring LNG on an oil index from liquefaction facilities around the world.
LNG projects in the U.S. have sold LNG to global customers on a “fixed plus variable” free-on-board basis. U.S. liquefaction facilities charge a fixed liquefaction fee plus a variable gas charge based on the prevailing Henry Hub price times a multiplier. NextDecade can provide this conventional U.S. offer to LNG customers.
The Permian Basin holds the deepest inventory of economic resource in the United States. To facilitate access to abundant natural gas resources, NextDecade offers customers LNG indexed to Waha, plus transportation to Agua Dulce, where NextDecade’s Rio Bravo Pipeline will originate to deliver gas to its Rio Grande LNG project in South Texas.
Located in South Texas, close to some of the world’s most abundant, low-cost gas resources, NextDecade’s Rio Grande LNG is a large-scale LNG export project. Our execution strategy for Rio Grande LNG includes partnering with industry-leading technology providers to instill development confidence, reduce risk and ensure operational reliability.
HOUSTON --(BUSINESS WIRE)--Mar. 7, 2019-- NextDecade Corporation ( NextDecade ) (NASDAQ: NEXT) announced today that Rio Grande LNG, LLC , a NextDecade subsidiary, has entered into a lease agreement with the Brownsville Navigation ...
HOUSTON --(BUSINESS WIRE)--Dec. 12, 2018-- NextDecade Corporation (“NextDecade”) (NASDAQ: NEXT) announced today that the Texas Commission on Environmental Quality (“TCEQ”) voted to issue a series of air permits to NextDecade’s ...
HOUSTON --(BUSINESS WIRE)--Oct. 23, 2018-- NextDecade Corporation (“NextDecade”) (NASDAQ: NEXT) announced today that it has appointed Erik Ludtke as Chief Commercial Officer effective November 1, 2018 . In this role, Mr. Ludtke ...