NextDecade LLC will potentially develop the multibillion-dollar LNG export facility at Shoal Point in Texas, having signed lease agreements with the State of Texas and the City of Texas City, Texas, according to a Jan. 17 press release.
NextDecade signed for the site that is roughly 1,000 acres. Texas City owns almost 376 acres at Shoal Point, while the Texas General Land Office manages the adjoining 618 acres of state land.
The Shoal Point site is just east of Texas City’s major petrochemical industrial complex and 40 miles southeast of Houston, with deepwater access and proximity to natural gas pipelines.
Together, the ports of Houston, Texas City and Galveston form the largest port complex in North America, and the NextDecade project would be the first LNG facility in the area.
NextDecade is also focused on the Rio Grande LNG project in South Texas.
NextDecade LLC is based in The Woodlands, Texas.
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