Happy Wednesday!
We love a follow-up to our Blog! We blogged about the Rio Grande LNG plant
in South Texas getting its approval back at the end of April 2023, and then Federal
Energy Regulatory Commission (FERC) withdrawing its certificate earlier this
month in 2024, please check our blog on the details. It is in the news again!
Did anyone happen to read the
Oil & Gas Journal’s Transportation Report Newsletter on August 28, 2024,
they had an article regarding the latest saga on one of America’s LNG
projects? It was titled, “NextDecade scraps bid to build
carbon capture project at Rio Grande LNG.”
The article was on how NextDecade has decided to no longer pursue its
application with FERC for its carbon capture and storage (CCS) unit at its Rio
Grande LNG (RGLNG) plant and requested FERC to stop its
review. The decision was made after the
company decided the CCS project was not adequately planned for its application
review by FERC. The company is currently
building Phase 1 of its RGLNG plant as it decides on what the next step
is in regard to its recent loss of its FERC certificate and what it means to
the final investment decision (FID) for its Train 4. We will let you know, if we hear anything
else on this saga. If you would like
more information on this article from Oil and Gas Journal, please click
the links: NextDecade
scraps bid to build a carbon capture project at Rio Grande LNG plant | Oil
& Gas Journal (ogj.com).
If you would
like to read more about NextDecade’s
Rio Grande LNG; please click
the link: RioGrande LNG - NextDecade (next-decade.com).
Don’t forget to check out our ESC's website or contact us via the email in the
blog, if you have a hydrocarbon liquids project you would like to
see get off the ground!
We hope you have a relaxing evening!
**Disclaimer: You may be charged a fee to read The Oil
and Gas Journal’s article. **