NextDecade Awards $4.3 Billion Contract for Rio Grande LNG Project

U.S. NextDecade Corporation has awarded a $4.3-billion engineering, procurement and construction (EPC) contract to Bechtel Energy Inc for the fourth train of the Rio Grande LNG export project in Texas. NextDecade, which has recently welcomed foreign shareholders to the project, continues to target a positive Final Investment Decision of Train 4 in the second half of 2024, subject to gaining appropriate commercial support and obtaining adequate financing to construct Train 4 and related infrastructure, the corporation said in a statement. NextDecade…