Earlier this month, the Woodlands-based NextDecade LLC announced a reverse merger. The all-stock deal will take NextDecade to public markets once it closes.
NextDecade, LLC (“NextDecade”) also announced on April 25th that it has entered into an agreement with GE Oil & Gas to advance its liquefied natural gas (“LNG”) export projects and associated pipelines in the State of Texas. NextDecade has named GE Oil & Gas as the exclusive supplier of gas turbine and compressor equipment for the liquefaction trains of the Rio Grande LNG project and the associated Rio Bravo Pipeline.
“We believe GE will add significant value as we work to make Rio Grande LNG one of the most competitive liquefaction projects in the world. The addition of GE Oil & Gas reaffirms our commitment to use proven technology to provide our customers with low-cost, reliable LNG," said Kathleen Eisbrenner, NextDecade's founder and CEO, and Pink Petro member in a press release.
Photo credit: MICHAEL STRAVATO