Rio Bravo Pipeline Project
The Rio Bravo Pipeline Project is designed to transport up to 4.5 billion cubic feet per day of natural gas from the Agua Dulce supply area to NextDecade's Rio Grande LNG project in Brownsville, Texas.
Enbridge entered into a definitive agreement on Feb. 13, 2020 whereby Enbridge would acquire Rio Bravo Pipeline Company, LLC (RBPL) from NextDecade for a cash purchase price not to exceed $25 million, with $15 million paid at closing and the balance paid upon NextDecade’s reaching a positive final investment decision (FID) on its Rio Grande LNG export facility in the Port of Brownsville, Texas.
Enbridge and NextDecade in September 2019 had announced a Memorandum of Understanding (MOU) to jointly pursue the development of the Rio Bravo Pipeline (Rio Bravo) and other natural gas pipelines in South Texas to transport natural gas to NextDecade’s Rio Grande LNG project located in Brownsville, Texas.
In November 2019, the Federal Energy Regulatory Commission (FERC) issued an order authorizing the siting, construction, and operation of NextDecade’s Rio Grande LNG project and the Rio Bravo Pipeline. FERC in January 2020 issued a final order on rehearing for the Rio Grande LNG project and the Rio Bravo Pipeline.
Enbridge now owns 100% of RBPL and is responsible for the development, financing, construction, and operations of the Rio Bravo Pipeline. NextDecade will continue to be responsible for the development, financing, construction, and operations of its Rio Grande LNG export facility.
Project overview:
- Type: Natural gas pipeline
- Status : Proposed
- Peak day capacity: 4.5 Bcf/d (billion cubic feet per day)
- Expected to transport: Natural gas
- Ownership: Enbridge (100%)
