HomeNewsNextDecade and ENN Execute 1.5 MTPA LNG Sale and Purchase Agreement

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NextDecade and ENN Execute 1.5 MTPA LNG Sale and Purchase Agreement

4/6/2022

NextDecade - Press release NextDecade Corporation announced today the execution of a 20-year sale and purchase agreement with ENN LNG (Singapore) Pte Ltd, a wholly-owned subsidiary of ENN Natural Gas Co., Ltd. for the supply of liquefied natural gas from NextDecade’s Rio Grande LNG export project in Brownsville, Texas. Under the SPA, ENN LNG will purchase 1.5 million metric tonnes per annum (MTPA) of LNG indexed to Henry Hub on a free-on-board basis. The LNGsupply will be from the first two trains at RGLNG with the first train expected to start commercial operations as early as 2026. “We are pleased to announce this long-term LNG SPA with ENN, a premier Chinese energy company. As one of C

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