NextDecade, Bechtel extend Rio Grande LNG EPC deal

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By Adnan Bajic US LNG export project developer NextDecade has extended the Rio Grande LNG EPC contract validity.

Image courtesy of NextDecade

To remind, in May last year, NextDecade signed two contracts with Bechtel for the engineering, procurement, and construction (EPC) of its LNG project in Brownsville, Texas. The contracts have a $9.5 billion price tag attached.

The EPC contracts are for the first phase of the Rio Grande LNG project. The first phase consists of three liquefaction trains, two 180,000 cubic meter storage tanks and two marine berths.

The deals also include full site preparation activities.

In its statement, NextDecade noted that it has agreed

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