NextDecade Corp. is teaming with Canadian company Enbridge Inc. to build pipelines that will deliver gas to a not-yet-built liquefied natural gas facility on the Port of Brownsville, the companies announced Wednesday.
NextDecade (Nasdaq: NEXT) and Enbridge (NYSE: ENG) have signed a memorandum of understanding that calls for the companies to work together on the construction of the Rio Bravo Pipeline, a portion of a larger $20 billion project to bring LNG to Brownsville.
“With its Texas Eastern…
The system, known as NeuFuel, differs from compressed natural gas because it can be used at a lower pressure than CNG.
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