NextDecade Corporation is an energy company focused on developing liquefied natural gas (LNG) infrastructure and related carbon-management solutions. The company’s principal project is Rio Grande LNG, an LNG export facility located near Brownsville, Texas, on the U.S. Gulf Coast.
Rio Grande LNG is designed to receive natural gas, process it into LNG, and export the product by ship to customers in international markets. The project is being developed in multiple phases and is intended to serve energy markets in Europe, Asia and other regions seeking access to U.S. natural gas supplies.
NextDecade is also developing carbon capture and storage capabilities associated with Rio Grande LNG. Its proposed Rio Grande LNG carbon capture and storage project is intended to capture carbon dioxide from the facility and transport it for permanent storage, supporting the company’s efforts to reduce the emissions intensity of its LNG operations.
Founded in 2010, NextDecade is headquartered in Houston, Texas, and trades on the Nasdaq under the symbol NEXT. The company’s activities primarily center on LNG production and export infrastructure, project development, carbon capture and storage, and related energy services.
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