NextDecade, Enbridge to jointly develop Rio Bravo Pipeline for the Rio Grande LNG Project in Texas

NextDecade Corporation and Enbridge Inc. have announced a Memorandum of Understanding (MOU) to jointly pursue the development of the Rio Bravo Pipeline (Rio Bravo) and other natural gas pipelines in South Texas to transport natural gas to NextDecade's Rio Grande LNG project located in Brownsville, Texas. Rio Bravo is designed to transport 4.5 billion cubic feet per day of natural gas from the Agua Dulce area to Rio Grande LNG.

The companies anticipate finalizing definitive documentation reflecting the terms of the MOU in the fourth quarter of 2019.