NextDecade Corporation has announced it has developed proprietary processes using proven technology to reduce carbon dioxide equivalent (CO2e) emissions at its proposed Rio Grande LNG facility by approximately 90 percent.
NextDecade also said it is exploring options to address the remaining emissions to enable Rio Grande LNG to achieve carbon-neutrality.
Throughout the course of NextDecade’s pre-FID development activities, and intensively in recent months, it said it has “evaluated multiple technical solutions to ascertain the commercial viability of dramatically reducing CO2e emissions at Rio Grande LNG”.
Based on these evaluations, NextDecade has determined that carbon capture and storage (CCS) is the most feasible technical solution for Rio Grande LNG.
Matt Schatzman, NextDecade’s chairman and CEO said: “Our work to date confirms that reliable, competitively priced LNG and responsible environmental stewardship are not mutually exclusive. A solution that promises both is indeed eminently feasible with the thoughtful use of existing technologies and the application of our proprietary processes.”
For more information visit www.next-decade.com