NextDecade targets “carbon-neutrality” at Rio Grande LNG terminal

US company NextDecade has come up with new ways to reduce emissions as it looks to achieve “carbon-neutrality” at its proposed Rio Grande LNG export plant in Texas.

Throughout the course of NextDecade’s pre-FID development activities, and intensively in recent months, the firm said it has evaluated multiple technical solutions to slash CO2e emissions at Rio Grande LNG.

Based on these evaluations, NextDecade has determined that carbon capture and storage (CCS) is the most feasible technical solution for the LNG export project, it said.

The firm believes that the addition of CCS technology in conjunction with its proprietary processes could reduce the CO2e emissions of its Rio Grande LNG facility by 90 percent.

While NextDecade advances its work in this area, the company is also exploring options to address the remaining 10 percent CO2e emissions.

FID still expected in 2021

NextDecade has earlier this year postponed its final investment decision on the LNG export project due to the Covid-19 pandemic.

The firm said on Tuesday it continues to work on remaining commercial agreements needed to achieve the investment decision in 2021.

Also in August, the firm secured approval from federal regulators to ditch one train in an optimization move.

The project now includes five trains for a total capacity of 27 million tonnes per year.

Most Popular

Chevron pens Western Australian gas supply deal with Alinta

Chevron’s Australian unit has signed a new long-term deal with Alinta Energy to deliver domestic natural gas from its Gorgon and Wheatstone LNG projects and the Woodside-led NWS JV.
spot_img

More News Like This

Adnoc’s XRG boosts stake in NextDecade’s Rio Grande LNG

Adnoc's investment unit XRG has completed the previously announced acquisition of an additional equity interest in Trains 4 and 5 of NextDecade's Rio Grande LNG terminal in Texas.

NextDecade’s Rio Grande LNG in $3.5 billion senior notes offering

NextDecade's partially-owned subsidiary Rio Grande LNG priced an offering of $3.5 billion in senior secured notes.

NextDecade secures $1 billion Rio Grande LNG loan

A unit of US LNG firm NextDecade has entered a $1 billion term loan to support the first three trains of the Rio Grande LNG project in Texas.

NextDecade appoints new finance chief

US LNG developer NextDecade has appointed John Zuklic as the company’s new chief financial officer, effective July 6.