New partnership on LNG project in Texas
LNG project in Texas between TotalEnergies and NextDecade on the development of the Rio Grande Project.
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LNG project in Texas between TotalEnergies and NextDecade on the development of the Rio Grande Project.
TotalEnergies will acquire a 17.5% stake across three phases of NextDecade's Rio Grande LNG plant in South Texas for $219m.
Under the terms of the agreement, TotalEnergies shall hold a 16.7% interest in the first phase of the project, which consists of three liquefaction trains with total annual capacity of 17.5 million tons per annum.
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