Port of Brownsville
Rio Grande LNG advances
The Texan scheme remains on track for initial FID, while preparatory engineering works are planned
Next Decade, the Nasdaq-listed developer of the 27mn t/yr Rio Grande LNG project in the US, has reaffirmed that it expects to make “a positive FID on up to three trains… in the second half of 2022, with FIDs on its remaining trains to follow thereafter”. The project will comprise five trains, each with a capacity of 5.4mn t/yr, with the first expected to start commercial operations "as early as 2026”. Next Decade recently signed an SPA with a Chinese utility and reached the SPA stage on a separate, previously announced deal with another Chinese buyer. The company last week announced a 20-year SPA with China Gas Holdings for 1mn t/yr, with supplies to come from the facility’s second train, “w
Also in this section
23 April 2026
The addition of an oil pipeline to the Power of Siberia 2 gas project could ensure deliveries of Russian oil to China, materially shorten logistics lines between West Siberia and final customers, and—amid disruption in the Strait of Hormuz—offer a land-based export route that reduces exposure to maritime chokepoints
23 April 2026
There is a clear push to bolster exports to Asia amid uncertainty around its North American neighbour, but there are limits to the benefits from the energy crisis
23 April 2026
Shell made the play-opening discovery in Namibia’s Orange basin back in 2022, but its next well could decide whether the project can actually be commercialised
22 April 2026
The failure of OMV Petrom’s keenly watched exploration campaign at Bulgaria’s Han Asparuh block highlights the Black Sea’s uneven track record, despite major successes like Neptun Deep and Sakarya
