NextDecade Corporation (NASDAQ: NEXT) was founded in 2010 and is headquartered in Houston, Texas, with 36 full-time employees. It is a liquefied natural gas (LNG) development company engaged in the development of LNG export projects and related pipelines in Texas.
NextDecade Corporation (NEXT):
NextDecade was founded by Kathleen Eisbrenner in 2010. In March 2015, NextDecade submitted preliminary federal regulatory filings for its Rio Grande LNG project and the related Rio Bravo pipeline in South Texas.
In July 2017, NextDecade was listed on the Nasdaq stock market and welcomed other institutional investors in 2018. Following the necessary commercial and regulatory milestones, NextDecade expects to make a final investment decision for the Rio Grande LNG project in the third quarter of 2019, and plans to start commercial operations in 2023.
NextDecade Corporation intends to develop a series of LNG projects, including the Rio Grande LNG export facility, which has an annual liquefaction capacity of 27 million tons of LNG in Brownsville, Texas; and the Rio Bravo Pipeline of 4.5 Bcf/d, Delivery of natural gas from the Agua Dulce supply area to Rio Grande LNG.