Next Decade and ENN sign SPA for Rio Grande

April 6, 2022

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Next Decade and ENN LNG (Singapore) Pte Ltd ,a wholly-owned subsidiary of ENN Natural Gas Co., Ltd. signed a 20 year SPA for the supply of LNG from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.

ENN LNG will purchase 1.5 MTPA of LNG on an FOB basis. The purchase price will be indexed to Henry Hub. The LNG supply will be from the first two trains with the first train expected to start commercial operations in 2026.

Edited from Next Decade’s Press Release