NextDecade to supply 1 MTPA to Galp

December 20, 2022

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NextDecade and Galp Trading signed a 20-year SPA for the supply of 1 MTPA of LNG from NextDecade’s Rio Grande LNG export project on an FOB basis at a price indexed to Henry Hub. FID on the first three trains of the project is expected at the first quarter of 2023, with FIDs of its remaining trains to follow thereafter.

Edited from NextDecade Press Release