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Home NextDecade and Aramco Execute 1.2 MTPA LNG Sale and Purchase Agreement from Rio Grande LNG Train 4

The following content is a news release distributed by . The original news release may be found here.

NextDecade and Aramco Execute 1.2 MTPA LNG Sale and Purchase Agreement from Rio Grande LNG Train 4

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today that it has executed a 20-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with a subsidiary of Aramco for offtake from Train 4 at the Rio Grande LNG Facility. Under the terms of the SPA, the Aramco subsidiary will purchase 1.2 million tonnes per annum (MTPA) of LNG for 20 years on a free on board basis, at a price indexed to Henry Hub, subject to a positive Final Invest...

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