Baker Hughes wins order to supply three LNG trains to NextDecade
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Baker Hughes (NASDAQ:BKR) said Thursday it was awarded an order by Bechtel to supply three main refrigerant compressors for NextDecade's (NEXT) Rio Grande LNG project in Texas; financial terms were not provided, but the order will be booked in Q2.
In all, Baker Hughes (BKR) will supply six Frame 7 gas turbines paired with 18 centrifugal compressors across Rio Grande's first three liquefied natural gas trains, for a nameplate capacity of 17.6M metric tons/year.
The company said its gas technology solution chosen for Rio Grande LNG "provides NextDecade with the highest production levels for the plantâs design, as well as operational flexibility and high availability."
NextDecade (NEXT) said recently it secured funding for a final investment decision related to the first three liquefaction trains at the project.
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