NextDecade (NASDAQ:NEXT) is an energy infrastructure company focused on the development, construction and operation of liquefied natural gas (LNG) export facilities in the United States. Headquartered in Houston, Texas, the company’s flagship project is Rio Grande LNG, a multi-train export terminal under development on the Texas Gulf Coast near Brownsville. NextDecade’s strategy centers on leveraging abundant domestic natural gas supplies and proximity to deep-water ports to deliver competitively priced LNG to global markets.
Rio Grande LNG is designed to include multiple liquefaction trains with a combined capacity exceeding 20 million tonnes per annum, alongside a marine export terminal capable of accommodating large LNG carriers. NextDecade has pursued long-term offtake agreements with international energy companies and utilities, positioning the facility to serve core markets in Asia, Europe and Latin America. The company also emphasizes sustainable operations, incorporating carbon capture and sequestration technologies to reduce greenhouse gas emissions associated with LNG production.
In addition to its primary LNG activities, NextDecade is exploring complementary projects, such as ammonia production and clean energy solutions, to diversify its product offerings and address emerging market demands. The company’s technical and commercial teams work closely with engineering, procurement and construction (EPC) contractors, as well as regulatory authorities, to advance permitting, design and construction milestones. NextDecade has benefited from its strategic Gulf Coast location, which provides access to existing pipelines, infrastructure and skilled workforce.
NextDecade’s leadership team is led by President and Chief Executive Officer Matt Schatzman, who brings extensive experience in LNG project development and global energy markets. The company’s board and management draw on backgrounds in finance, engineering and environmental stewardship to guide decision-making and oversee project execution. With a focus on operational excellence, regulatory compliance and stakeholder engagement, NextDecade aims to become a leading supplier of low-carbon LNG to customers around the world.
