Rio Grande LNG - Brownsville, Texas

/Rio Grande LNG
Rio Grande LNG 2017-12-19T13:58:45+00:00

Rio Grande LNG Project Overview 

  • Rio Grande is a 6-train facility to be located in the Port of Brownsville.
  • Rio Grande LNG is using the proven APCI C3MR(tm) process and GE rotating equipment.
  • At full development, we expect to have 4x 180,000 cubic meter full containment LNG tanks and two marine jetties.
  • We estimate our current EPC costs for 3 or 6 trains to average $490 per ton with a target of $450 per ton.  We estimate our current EPC costs for 2 trains to average $549 per ton with a target of $505 per ton.
  • We estimate the full-scale project cost at $17.3 billion, including pipeline, contingency and owner’s cost.  This is the same estimate we provided in our Proxy statement in June of this year.

RIO GRANDE LNG PROJECT HIGHLIGHTS

  • Brownsville, TX
  • Option Agreement under contract for 1,000 acres
  • Option: 3 years + milestones
  • Terminal Facilities: 27 Mtpa (6×4.5 Mtpa) and 4 x 180,000 m3 full-containment LNG storage tanks
  • Rio Bravo Pipeline – proposed dual 42″ natural gas pipeline, approximately 140-miles long to provide feed gas to the facility
    • Major pipeline trading hub at Agua Dulce with numerous interstate and intrastate natural gas pipelines
    • Rio Bravo Pipeline to interconnect with these pipelines, providing natural gas supply optionality and access to natural gas produced in Texas and much of the rest of North America
    • Designed and permitted in conjunction with the Rio Grande LNG facility
  • Includes LNG vehicle fuel trucking and distribution facility
  • Brownsville ship channel controlling depth 42 feet
  • Site ~ 7 miles from the Gulf of Mexico
  • Deepwater port access with supporting marine infrastructure and services
  • Site owned by Port for Industrial Development
  • Historical acceptance and support of energy projects
  • Status:
    • Completed Federal Energy Regulatory Commission (FERC) Pre-Filing Process (Initiated April 13, 2015)
    • Project currently in FERC NEPA Review Process (Filed May 5, 2016),
    • DOE export application to FTA and NFTA countries filed

For more information, please visit the Rio Grande LNG project website at www.RioGrandeLNG.com

If you are interested in learning more about the Rio Bravo Pipeline, including how to participate in the open season, please visit www.RioBravoPipeline.com

Any development of the project remains contingent upon completing required commercial agreements; acquiring all necessary permits and approvals; securing all financing commitments and potential tax incentives; achieving other customary conditions; and making a final investment decision to proceed.