Project Details
Status Notes
January 2026 - Train 4 and 5 are expected to complete in 2030 and 2031; October 2025 - NextDecade has made a positive FID on Train 5 at Rio Grande LNG; September 2025 - NextDecade has made a positive FID on Train 4 at Rio Grande LNG; March 2025 - Baker Hughes has entered into framework agreement with NextDecade to supply gas turbine and refrigerant compressor technology for trains 4 through 8 of the terminal; January 2025 - NextDecade has entered into a credit agreement with General Atlantic Credit's Atlantic Park Fund to get loan for development of the terminal; May 2024 - ADNOC has secured 11.7% equity stake in Phase I (T1-T3) and entered into 20-year LNG offtake agreement with NextDecade; January 2024 - Project has secured USD62.5mn funding; Phase 1 is now expected to reach completion by early 2029 at an expected cost of about USD18bn