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NextDecade Finalizes $4.77B EPC Contract With Bechtel For Rio Grande LNG Train 4, Targeting FID By September 2025 Following Completion Of Commercialization And Start Of Financing Process

Author: Benzinga Newsdesk | June 12, 2025 04:18pm

Train 4 EPC Contract and Project Costs, and Progress Toward a Final Investment Decision (FID)

Rio Grande LNG Train 4, LLC has agreed to pay Bechtel approximately $4.77 billion for the work under the EPC contract for Train 4. Pricing validity under the Train 4 EPC contract extends through September 15, 2025. NextDecade currently projects that owner's costs, contingencies, financing fees and interest during construction1 will total approximately $1.8-$2.0 billion for Train 4 and supporting infrastructure, based on current estimates and expected interest rates.

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