“Issuance of the FERC order marks an extremely important milestone for our project,” said Matt Schatzman, NextDecade’s Chairman and Chief Executive Officer. “We appreciate the comprehensive and rigorous review of our project conducted by the FERC and numerous other federal, state and local agencies over the last four and a half years.”
NextDecade currently anticipates finalizing important commercial milestones during the fourth quarter of 2019 and first quarter of 2020, prior to an anticipated final investment decision (FID) in the first quarter of 2020. Construction of the facility is expected to commence shortly after FID with commercial operations slated for late 2023.
Key data points: The growth forecast = 5.0% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities and forecasts in tight gas market to 2031 by type (processed tight gas and unprocessed tight gas), application (residential, commercial, industrial production, power generation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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