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Baker Hughes Company (BKR), a leading energy technology company, and NextDecade Corporation NEXT have strengthened their partnership with a new framework agreement focused on the expansion of the Rio Grande LNG project. Under this agreement, NextDecade will utilize Baker Hughes' cutting-edge gas turbine and refrigerant compressor technology for Trains 4 through 8 at the Rio Grande LNG Facility in Texas. Additionally, Baker Hughes will provide maintenance services to ensure the long-term reliability and efficiency of these equipment packages.
NextDecade Sees BKR's Role as Critical to LNG Expansion
Matt Schatzman, chairman and CEO of NextDecade, emphasized the vital role of Baker Hughes' technology and expertise in ensuring safe and reliable operations of the Rio Grande LNG facility. He also noted that this collaboration aligns with NextDecade’s goal of establishing Rio Grande LNG as one of the largest LNG production and export facilities globally.
BKR Strengthens LNG Presence With Advanced Tech Solutions
Baker Hughes, a leader in energy technology solutions, views this agreement as a continuation of its strong partnership with NextDecade. Lorenzo Simonelli, chairman and CEO of BKR, reaffirmed the company's dedication to innovation in LNG operations, highlighting its role in enhancing efficiency and reliability. He also underscored that this collaboration reflects Baker Hughes' broader commitment to delivering advanced solutions to meet growing energy demand.
NextDecade Progresses With Trains 4 and 5
NextDecade is moving forward with the commercialization of Trains 4 and 5 at the Rio Grande LNG Facility, with plans to make final investment decisions soon. The development is subject to regulatory approvals, securing engineering, procurement, and construction (EPC) contracts, and obtaining funds. Once approved, construction will commence on these trains and their related infrastructure.
In parallel, NextDecade has begun the permitting process for Trains 6 through 8, which are expected to add approximately 18 million tons per annum (MTPA) of liquefaction capacity upon completion. NEXT fully owns these additional trains, positioning it for significant growth in LNG production.
BKR Anticipates Orders as NextDecade’s LNG Project Advances
As NextDecade moves ahead with its expansion plans, Baker Hughes expects to receive equipment orders under the framework agreement. The collaboration aligns with the increasing global demand for LNG and supports the development of key infrastructure that strengthens energy security and supply chains.