NextDecade Corporation is a U.S.-based liquefied natural gas (LNG) infrastructure developer headquartered in Houston, Texas. Founded in 2010, the company focuses on developing LNG export terminals and associated pipelines and marketing LNG under long-term contracts. NextDecade is publicly listed on NASDAQ under the ticker NEXT.
The company’s flagship project is Rio Grande LNG at the Port of Brownsville, Texas, a multi-train liquefaction facility under development alongside the Rio Bravo Pipeline to supply natural gas feedstock. NextDecade is also advancing carbon capture and storage initiatives intended to lower the emissions intensity of LNG produced at the site. The company works with global investors and offtakers to finance, build, and commercialize capacity for international LNG markets.
chemXplore tracks 1 project involving NextDecade, of which one is active.
NextDecade's role on them: Owner.
1 new construction.
Contractors, licensors, and offtakers are recorded on this project For subscribers
Targeting: Natural gas (1)
Acquired an additional 7.6% in Trains 4–5, giving equity across all five construction trains; Trains 4–5 add ~12 MTPA and the project targets production in 1H 2027.
NextDecade will use CWHE and C3MR via Bechtel to boost reliability, cut OPEX and increase LNG output from 18 to 30 MTPA; all five trains expected online by mid-2031.
Train 4 will add 6 Mtpa capacity by 2030, financed 40% equity, 60% debt. TotalEnergies to offtake 1.5 Mtpa, boosting U.S. LNG export capacity to over 16 Mtpa.
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