US energy giant ConocoPhillips has signed a deal with compatriot NextDecade to buy LNG from the planned fifth train at the latter’s Rio Grande LNG facility in Texas. With this deal, NextDecade completed commercialization of Train 5.
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US LNG developer NextDecade has secured a green light from the Federal Energy Regulatory Commission to increase approved capacity at its Rio Grande LNG terminal in the Port of Brownsville, Texas.
US energy giant ConocoPhillips has expanded its commercial LNG offtake portfolio to 12 million tonnes per annum as it continues to scale up this business, according to incoming CEO Andy O’Brien.