LNG Project in South Texas Advances
NextDecade Corp. has secured a draft environmental impact statement (EIS) from the Federal Energy Regulatory Commission (FERC) for its Rio Grande LNG project near Brownsville, Texas, along with its associated Rio Bravo Pipeline, the company reported Friday afternoon.
“We appreciate the FERC staff’s continued commitment to the review of our project,” Matt Schatzman, NextDecade’s president and CEO, said in a written statement. “The draft EIS represents a culmination of several years of analysis and evaluation in conjunction with multiple federal, state and local agencies and stakeholders.”
FERC, which reviews and permits LNG facilities in the United States, issued the draft EIS as required by the National Environmental Policy Act. The document follows a detailed review of environmental, engineering, social and other aspects of NextDecade’s proposed project. The 27-million-tonne-per-annum Rio Grande LNG export facility would receive natural gas from the Agua Dulce gas hub near Corpus Christi via the company’s 4.5 billion cubic foot per day Rio Bravo Pipeline.
“This milestone brings us one step closer to achieving a final investment decision on the Rio Grande LNE project, to creating thousands of jobs in the Rio Grande Valley and communities throughout the State of Texas and to delivering reliable energy solutions to our customers around the world,” continued Schatzman.
FERC will issue a final EIS April 26, 2019, and has established a 90-day Federal Authorization Decision Deadline July 25, 2019, NextDecade stated. Pending a favorable FERC order, NextDecade stated that it expects to make a final investment decision on the project during Third Quarter 2019. In a 2017 interview with Rigzone, NextDecade founder and then-CEO (and current board chair) Kathleen Eisbrenner said the project could produce first LNG in 2022.
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Senior Editor | Rigzone