Three Houston-based companies received federal approval on Nov. 21 for liquefied natural gas terminals proposed at the Port of Brownsville in South Texas.
The Federal Energy Regulatory Commission approved LNG plants and export facilities to be run by Annova LNG, Texas LNG and NextDecade Corp. (Nasdaq: NEXT), which calls its facility Rio Grande LNG. In addition, the commission permitted NextDecade’s Rio Bravo Pipeline, which will feed gas into its plant.
The permits come in spite of local opposition…
