Current conditions may adversely affect efforts to reach a final investment decision. The outbreak of COVID-19 and volatility in the energy markets have surfaced an additional risk factor for NextDecade Corp. since its last annual report was filed for year-end 2019. Current conditions “may materially and adversely affect our business, financial condition, operating results, cash flow, liquidity and prospects, including our efforts to reach a final investment decision with respect to the Rio Grande LNG Terminal,” the company stated in a May 8 th 8-K filing. “…The impact of the pandemic, including a resulting reduction in demand for natural gas, coupled with the sharp decline in commodity prices following the announcement of price reductions and production increases in March 2020 by members of OPEC has led to significant global economic contraction generally and in our industry in particular….Prospects for the development and financing of the terminal are based in […]

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