• NextDecade Signs Lease Option for Brownsville, Texas LNG Terminal
  • March 9, 2015
  • Law Firm: Sutherland Asbill Brennan LLP - Washington Office
  • NextDecade, LLC has announced that it has signed an option-to-lease agreement with the Port of Brownsville, Texas that will double the size of the company’s site for its proposed Rio Grande LNG export terminal to 1,000 acres. According to the press release, this decision follows NextDecade’s recently completed Basis of Design (BOD) - also known as PreFEED - for the LNG terminal facility and interconnected 130-mile Rio Bravo Pipeline linking the terminal with the Agua Dulce market hub. NextDecade also mentions it is still conducting a “detailed assessment” of the site to ensure it complies with all safety and environmental requirements.