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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