TotalEnergies has acquired a 10% stake in Train 4 of the Rio Grande LNG project in South Texas, enhancing its LNG export capabilities and reinforcing its market position.
Target Information
TotalEnergies, a leading energy company headquartered in France, has made a strategic investment in the joint venture developing Train 4 of the Rio Grande LNG (RGLNG) project in South Texas. The company has secured a 10% direct stake and an additional indirect stake of approximately 7% as a 17.1% shareholder in NextDecade, the project’s operating company.
Train 4 is a liquefied natural gas (LNG) plant project with a projected capacity of about 6 million tons per annum (Mtpa), which will enhance the total capacity of the RGLNG facility to approximately 24 Mtpa by 2030. The development represents a significant commitment to expanding TotalEnergies' LNG production capabilities in the United States.
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Industry Overview
The liquefied natural gas industry in the United States has witnessed substantial growth, driven by increasing global demand for clean energy sources and the country’s ab
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TotalEnergies
invested in
Rio Grande LNG (RGLNG)
in 2025
in a Joint Venture deal