NextDecade and Enbridge announce strategic MoU for the development of Rio Bravo Pipeline
Published by Aimee Knight,
NextDecade Corporation (NextDecade) and Enbridge Inc. (Enbridge) have announced a Memorandum of Understanding (MOU) to jointly pursue the development of the Rio Bravo Pipeline (Rio Bravo) and other natural gas pipelines in South Texas to transport natural gas to NextDecade's Rio Grande LNG project located in Brownsville, Texas. Rio Bravo is designed to transport 4.5 billion ft3/d of natural gas from the Agua Dulce area to Rio Grande LNG.
Matt Schatzman, NextDecade's Chairman and Chief Executive Officer said, "Enbridge is one of North America's leading energy infrastructure companies and we look forward to exploring a strong partnership in South Texas. With its Texas Eastern Pipeline and recently completed Valley Crossing Pipeline, Enbridge has extensive permitting, construction, and operating experience in the State of Texas, especially in South Texas."
Bill Yardley, Enbridge's President of Gas Transmission and Midstream said, "We are excited to be working with NextDecade for pipeline solutions to the Rio Grande LNG facility. Our existing infrastructure fits very well with the Brownsville location. This is a continuation of our strategy to bring our major projects execution and permitting capability to the expanding LNG export efforts in North America."
The companies anticipate finalising definitive documentation reflecting the terms of the MOU in the fourth quarter of 2019.
Read the article online at: https://www.worldpipelines.com/project-news/19092019/nextdecade-and-enbridge-announce-strategic-mou-for-the-development-of-rio-bravo-pipeline/
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