Guerilla Litigation Causes Rio Grande LNG's Permits To Be Vacated [Forbes]
NextDecade Corporation (NEXT)
US:NASDAQ Investor Relations:
next-decade.com/investors
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Source: Forbes
AFP via Getty Images The D.C. Court of Appeals overturned its earlier reauthorization of a FERC permit allowing the construction of the multi-billion-dollar Rio Grande LNG project, the largest new-build energy infrastructure project in U.S. history. Rio Grande LNG's operator, NextDecade Corporation , had begun construction on the 984-acre site along the sparsely developed Brownsville deepwater ship channel near SpaceX and Texas-Mexico border. NextDecade first proposed the development in 2015 following the Obama administration's approval to go forward with the permitting and construction of LNG export facilities across the U.S. LNG is regular natural gas in the liquid form, which is achievable by refrigerating the gas to minus-260 degrees Fahrenheit . In this liquid state, LNG is transported compactly by specially designed tankers across the oceans to consumers in the European Union and Asia. Even U.S. northeastern states depend on imports of LNG for heating and electricity needs
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News
- NextDecade LNG Project Paying Price for ‘Wrist Slap,' CEO Says [BNN Bloomberg (Canada)]BNN Bloomberg
- NextDecade LNG Project Paying Price for ‘Wrist Slap,' CEO Says [Yahoo! Finance]Yahoo! Finance
- NextDecade (NEXT) Scraps CCS Application for Rio Grande LNG [Yahoo! Finance]Yahoo! Finance
- NextDecade Withdraws Carbon Capture and Storage Application at FERCBusiness Wire
- NextDecade Provides Second Quarter 2024 Business Update [Yahoo! Finance]Yahoo! Finance
NEXT
Earnings
- 8/14/24 - Miss
NEXT
Sec Filings
- 9/26/24 - Form 8-K
- 9/4/24 - Form 4
- 9/4/24 - Form 4
- NEXT's page on the SEC website