NextDecade launches Carbon capture and storage (CCS) project in South Texas

NextDecade Corporation has formed NEXT Carbon Solutions, LLC, a wholly-owned subsidiary of NextDecade that is expected to develop one of the largest carbon capture and storage (CCS) projects in North America at Rio Grande LNG project, advance proprietary processes to lower the cost of utilizing CCS technology, help other energy companies to reduce their greenhouse gas (GHG) emissions associated with the production, transportation, and use of natural gas, and generate high-quality, verifiable carbon offsets to support companies in their efforts to achieve net-zero emissions.

NEXT Carbon Solutions’ CCS project is expected to reduce permitted CO2 emissions at Rio Grande LNG by more than 90 percent without major design changes to the Rio Grande LNG project. As a result, Rio Grande LNG is expected to be the greenest LNG project in the world.