NextDecade’s chief operating officer departs

NextDecade, developer of the Rio Grande LNG export plant in Texas, said that its chief operating officer, Ivan Van der Walt, has decided to leave the company.

Effective June 10, he will leave the company to “pursue other opportunities,” according to a statement by NextDecade.

NextDecade appointed Van der Walt as COO in June last year. He joined the firm in July 2018 serving as senior vice president, engineering and construction.

His legacy is the “strong” engineering, construction, and regulatory leadership team he assembled that is responsible for helping deliver the Rio Grande LNG export project and the development of NEXT Carbon Solutions proprietary processes, NextDecade said.

“Ivan has helped grow NextDecade and his leadership has helped ensure we have the right team and processes in place to begin the construction of Rio Grande LNG in the second half of this year,” NextDecade’s CEO Matt Schatzman said in the statement.

NextDecade revealed three LNG supply deals for the first two trains of its planned Rio Grande facility this year.

These include the most recent deal with France’s Engie, and a contract the firm signed with a unit of Chinese independent gas distributor ENN. Prior to that, it revealed a deal with Chinese state-owned utility Guangdong Energy.

The US firm first aims to build two liquefaction trains with a capacity of 11 mtpa while the full project would include five trains with a capacity of 27 mtpa.

Assuming the achievement of further LNG contracting and financing, NextDecade expects making a positive final investment decision on a minimum of two trains of the Rio Grande LNG export project in the second half of 2022, with FIDs of its remaining three trains to follow thereafter, it confirmed in the new statement.

Most Popular

South Korea’s Posco says first LNG carrier to start ops in H2

Posco International, a unit of South Korean steel producer Posco, plans to start shipping LNG with its first dedicated LNG carrier in the second half of this year.

Canada’s Cedar LNG names FLNG

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, has picked a name for its floating LNG facility, which will be located in the traditional territory of the Haisla Nation, on Canada’s West Coast.

Wilhelmshaven LNG jetty ready to welcome Excelerate’s FSRU

Dutch marine contractor Van Oord announced on Monday it had completed the new jetty for its client, state-owned LNG...

More News Like This

NextDecade, Jera seal 20-year LNG SPA

Japan's Jera has signed a 20-year deal to buy liquefied natural gas from the planned fifth train at NextDecade's Rio Grande LNG facility in Texas.

NextDecade’s Rio Grande LNG secures approval to build tug berth

NextDecade's Rio Grande LNG has secured approval from the US FERC to build a tug berth at the site of its LNG export terminal in Texas.

NextDecade to launch financing process for fourth Rio Grande LNG train

US LNG firm NextDecade expects to launch the financing process for the planned fourth train at its Rio Grande LNG export terminal in Texas in the second quarter of 2025, as construction progresses on the first three trains.

Hanwha Ocean expects LNG newbuild market to recover in second half

South Korean shipbuilder Hanwha Ocean expects the LNG newbuilding market to recover in the second half of this year due to new US LNG export projects.