Rio Grande LNG Train 5 has reached final investment decision (FID), a month after Train 4.
A statement from NextDecade Corporation – which holds a 50% stake in the project – said it has issued “full notice to proceed” to engineering and construction firm Bechtel Energy.
Train 5 will have LNG production capacity of around 6 million tonnes per annum (mtpa), bringing total expected LNG production capacity under construction to approximately 30 mtpa. First deliveries are expected in the first half of 2031.
It is commercially supported by 4.5 million tonnes per annum (mtpa) of 20-year LNG Sale and Purchase Agreements (SPAs) with JERA, EQT Corporation, and ConocoPhillips, which was signed last month (1 mtpa). Costs for Train 5 and related infrastructure are expected to total approximately $6.7bn.
… to continue reading this article and more, please login, register for free, or consider subscribing to gasworld
You’ve reached your weekly limit to access free articles!
Want to keep reading?
Please register for free and create a profile to gain access to this full article and gasworld’s daily news.
For access to more content including our monthly digital magazines, subscriber-only features or columns and all our other gasworld archives, please consider subscribing.
Alternatively, you can continue reading more articles as a guest on Friday, 24th October at 11:28AM
