Nextdecade corporation receives ferc order for rio grande lng project

Nextdecade corporation announced that the federal energy regulatory commission (ferc) has issued an order authorizing the siting, construction and operation of nextdecade’s proposed rio grande liquefied natural gas (lng) export facility in brownsville, texas and the associated rio bravo pipeline. nextdecade currently anticipates finalizing important commercial milestones during the fourth quarter of 2019 and first quarter of 2020, prior to an anticipated final investment decision (fid) in the first quarter of 2020. construction of the facility is expected to commence shortly after fid with commercial operations slated for late 2023.
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