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US Court revises regulator's order for NextDecade Rio Grande LNG facility
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US Court revises regulator's order for NextDecade Rio Grande LNG facility
Mar 19, 2025 9:00 AM

(Specifies the name of facility in headline of March 18 story)

March 18 (Reuters) -

Energy company NextDecade ( NEXT ) said on Tuesday that the

U.S. Court of Appeals for the District of Columbia had revised

its August 2024 judgment against the energy regulator's order

allowing the construction of the company's LNG project in Texas.

NextDecade's ( NEXT ) flagship facility has been in development for

several years and has already suffered repeated delays.

The revised court decision sends the Federal Energy

Regulatory Commission's order regarding the first five

liquefaction trains at the Rio Grande LNG facility back for

further review, while the order itself remains in place.

"We are pleased with today's revised court judgment, which

ensures construction at the Rio Grande LNG facility will not be

impacted by the court," said chief executive officer Matt

Schatzman.

The court ruled last year to

overturn

the FERC's approval for the initial phase of the company's

$18.4 billion Rio Grande LNG project. It ordered the regulator

to reconsider the project's impact, which could require a new

environmental impact statement and a public comment period.

The first phase of the project, with a capacity of 17.61

million tons per annum of liquid gas, was scheduled to be

completed by early 2029 at an estimated cost of $18 billion.

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