Nextdecade completes commercialization of rio grande lng train 5 with 1.0 mtpa lng sale and purchase agreement with conocophillips

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 conocophillips (nyse: cop) for offtake from rio grande lng train 5. conocophillips will purchase 1.0 mtpa of lng for 20 years on a free on board basis at a price indexed to henry hub, subject to nextdecade making a positive final investment decision (fid) on train 5. “conocophillips has a lon.
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