EPC contracts for Rio Grande LNG terminal

Rio Grande LNG terminal The EPC contracts mean Bechtel can commence construction of the first phase of Rio Grande LNG with either two or three trains. Credit: NextDecade

NextDecade Corporation has signed two contracts with Bechtel Oil, Gas and Chemicals for the engineering, procurement, and construction (EPC) of its planned Rio Grande LNG export terminal at the Port of Brownsville in Texas.

The lump-sum turnkey (LSTK) EPC contracts are for the first phase of the Rio Grande LNG project, which consists of three liquefaction trains, two 180,000 cubic metre storage tanks and two marine berths totalling US$9.565bn. Each liquefaction train is expected to have capacity up to 5.87m tonnes per annum of LNG, which would generate an EPC cost of approximately US$543 per tonne for the first three trains.

Cost-effective

“We are pleased to be working with Bechtel, who is responsible for constructing about 30 percent of the world’s LNG capacity,” said Matt Schatzman, NextDecade’s president and CEO. “Bechtel’s extensive experience developing LNG projects on the U.S. Gulf Coast, along with our advantaged site and technology choices, including Air Products C3MR and Baker Hughes GE rotating equipment, is expected to enable NextDecade – in just the first three trains – to have the lowest cost per ton greenfield LNG project built on the U.S. Gulf Coast under a fully wrapped lump-sum turnkey EPC contract.”

The EPC contracts mean Bechtel can commence construction of the first phase of Rio Grande LNG with either two or three trains.

NextDecade anticipates making a positive final investment decision on up to three trains of the project at the end of Q3 2019 and commencing operations in 2023.

Two other projects, Texas LNG and Annova LNG , are also undergoing approval to be built and operated at the Port of Brownsville.

LATEST PRESS RELEASE

NEW CHIEF EXECUTIVE APPOINTED TO WARRENPOINT PORT

Warrenpoint Port has appointed David Holmes as its new Chief Executive Officer. Read more

DUNKERQUE-PORT REWARDS CLEAN PORT CALLS ON ITS TERMINALS TO IMPROVE AIR QUALITY

For more than 10 years, Dunkerque-Port has pursued a genuinely proactive policy in favour of sustain... Read more

Corvus Energy launches groundbreaking new battery for Cruise ships, Ro-Pax and Ro-Ro with unlimited capacity

Bergen, Norway and Richmond, B.C – June 3, 2019 – Corvus Energy, the leading supplier of batteries f... Read more

SHOREHAM PORT LAUNCHES NEW INITIATIVES IN CELEBRATION OF WORLD ENVIRONMENT DAY

In celebration of World Environment Day on Wednesday 5th June, Shoreham Port have launched three new... Read more

SENNEBOGEN develops Pick & Carry material handler with electric travel drive

At ligna 2019, in Hanover, SENNEBOGEN will showcase a new electric drive version of the diesel hydra... Read more

SANY Port Machinery launches the new efficient Reach Stacker H9 in Europe

Sany well understood the customers’ need to improve cost. In 2018 SANY introduced the new Reach Stac... Read more

View all