NextDecade and Guangdong Energy sign 20-year SPA
July 6, 2022
NextDecade and Guangdong Energy signed a 20-year SPA for the supply of 1 MTPA of LNG from Rio Grande LNG Train 1 on a DES basis at a price indexed to Henry Hub. Train 1 is expected to start commercial operations in 2026. The SPA is built on the HoA signed in March 2022. Guangdong Energy Group has an option to purchase an additional 0.5 MTPA of LNG from the project.
Edited from NextDecade Press Release