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

Venture Global’s Plaquemines LNG terminal achieves first production

Venture Global announced on Friday it had reached first LNG production at the company’s second facility, Plaquemines LNG, in...

Spot LNG rates remain weak

“Spark30S rates rose for a fourth consecutive week, increasing marginally by $750 to $23,500 per day,” Qasim Afghan, Spark’s commercial...

Swan Energy, Nebula’s AG&P LNG plan Indian JV

Swan Energy said on Friday it had signed a heads of agreement with AG&P Terminals &Logistics (Singapore). The two firms...

More News Like This

Construction progresses on NextDecade’s Rio Grande LNG project

Schatzman said in a third-quarter business update that the facility "continues to progress safely, in line with schedule, and...

NextDecade seeks Rio Grande LNG rehearing after court ruling

In August, the US Court of Appeals for the D.C. Circuit issued an order vacating the Federal Energy Regulatory...

NextDecade releases Rio Grande LNG construction update

In July 2023, NextDecade took the final investment decision on the first three Rio Grande trains and completed $18.4 billion project financing. NextDecade awarded...

US FERC to prepare supplemental EIS for NextDecade’s Rio Grande LNG

Last month, the US Court of Appeals for the D.C. Circuit issued an order vacating FERC’s remand authorization of...