Oct 16 (Reuters) - U.S. liquefied natural gas producer
NextDecade ( NEXT ) said on Thursday it had reached a positive
final investment decision (FID) on the fifth liquefaction plant,
known as a train, of its Rio Grande export project in Texas.
Train 5 has the expected LNG production capacity of
about 6 million tonnes per annum (MTPA), bringing the total
expected LNG production capacity under construction to about 30
MTPA at Rio Grande LNG, the company said.
The announcement marks the fifth positive FID for an LNG
development project in the U.S. - the world's largest exporter
of the superchilled fuel.
LNG developers typically reach an FID on projects once
they have secured enough supply deals to obtain the necessary
financing for construction.