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NextDecade Executed EPC Contract with Bechtel for Train 4 at the Rio Grande LNG Facility
Contract Type
contract
HoustonOil And Gasoil & energyDescription
NextDecade Corporation (NextDecade or the Company) has executed a lump sum turnkey engineering, procurement and construction (EPC) contract with Bechtel Energy Inc. (Bechtel) for the construction of Train 4 and related infrastructure at the Rio Grande LNG Facility. The EPC contract involves a payment of approximately $4.3 billion and is valid through December 31, 2024. The total estimated project costs for Train 4 and related infrastructure are expected to be $6.0-$6.2 billion.