NextDecade Projects First Rio Grande LNG Production for Q2 2027
NextDecade Corporation (NEXT) has provided an operational update regarding its Rio Grande LNG project, stating that Phase 1 construction is currently proceeding safely, on budget, and ahead of schedule. The company expects to achieve first LNG production from Train 1 in the second quarter of 2027. Looking toward future expansion, management has set a target for the Final Investment Decision (FID) on Train 6 during the second half of next year. These updates reflect steady progress in the company's capital intensive development phase as it moves toward commercial production.
Tickers: $NEXT
Topics: Construction progress LNG production Project updates
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Part of the story NextDecade Advances Rio Grande LNG Construction and Narrows Production Timelines (2 articles)