April 1, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--After delays in the court, the Federal Energy Regulatory Commission (FERC) on Friday gave preliminary approval for NextDecade Corporation's (NASDAQ:NEXT) (Houston, Texas) Rio Grande LNG project in southern Texas.
The D.C. Circuit Court of Appeals last year overturned approval of the entire Rio Grande facility due to a lack of a suitable environmental impact statement. Plant owner NextDecade in October filed a petition for a rehearing.
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