August 23, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--U.S. LNG developer NextDecade Corporation (NASDAQ:NEXT) (Houston, Texas) said it was withdrawing an application for a carbon sequestration facility at a planned Texas plant for liquefied natural gas (LNG) exports due to a lack of development.

NextDecade is building its Rio Grande facility for LNG near the Brownsville shipping channel on the Texas Gulf Coast. Its lease includes 15,000 feet of frontage on the channel, and it is permitted for as much as 1.3 billion cubic feet (Bcf) of LNG exports per year.