NextDecade taps Baker Hughes for Rio Grande LNG trains

Baker Hughes, NextDecade enter framework agreement for Rio Grande LNG expansion trains. (Image: NextDecade)

NextDecade plans to utilize Baker Hughes’ gas turbine and refrigerant compressor technology (equipment packages) and enter into contractual services agreements to perform maintenance work for the equipment packages for Trains 4 through 8 at the Rio Grande LNG Facility.

“Utilizing Baker Hughes’ industry-leading rotating equipment and their maintenance services is critical to ensuring the Rio Grande LNG Facility operates efficiently and reliably,” said Matt Schatzman, chairman and CEO of NextDecade. “We look forward to continuing our collaboration with Baker Hughes as we progress our plans to make the Rio Grande LNG Facility one of the largest LNG production and export facilities in the world.”

By combining emissions reduction associated with our proposed carbon capture and storage project, responsibly sourced gas, and our pledge to use net-zero electricity, Rio Grande LNG is expected to produce a lower-carbon-intensive LNG for the world. Situated on a 984-acre site on the banks of an uncongested deepwater channel, Rio Grande LNG will be the largest privately funded infrastructure project in Texas.

At full scale, Rio Grande LNG will deliver enough energy to heat and cool the equivalent of nearly 34 million U.S. households annually.

Rio Grande LNG is the first and only U.S. LNG project offering CO2 emissions reduction of more than 90 percent via proposed carbon capture and storage – capturing and permanently storing more than 5 million metric tonnes of CO2 per year, equivalent to removing more than one million vehicles from the road annually.

“Baker Hughes is proud to continue our long-standing relationship with NextDecade, providing advanced gas technology solutions that enhance the efficiency and reliability of their LNG operations,” said Lorenzo Simonelli, chairman and CEO of Baker Hughes. “This agreement is a further example of our commitment to delivering innovative solutions in support of increasing energy demand.”

NextDecade is making excellent progress on commercializing Rio Grande LNG Trains 4 and 5. The Company expects to make positive final investment decisions and commence construction on Trains 4 and 5 and related infrastructure at the Rio Grande LNG Facility, subject to, among other things, maintaining requisite governmental approvals, finalizing and entering into EPC contracts, entering into appropriate commercial arrangements, and obtaining adequate financing to construct each train and related infrastructure.