“With five trains already under construction and room to double capacity, we are focused on the next phase of growth,” CEO Matt Schatzman said.
NextDecade expects to complete the first liquefaction train by 2027 and is in the development and permitting process for Trains 6-8.
These are expected to increase the company’s total potential liquefaction capacity to 48 million tonnes per year.
Shares of the company rose 2% in premarket trading.
(Reporting by Yagnoseni Das and Vallari Srivastava in Bengaluru; Editing by Sahal Muhammed)
