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NextDecade Targets Rio Grande FID Early Next Year After Latest SPA

NextDecade Targets Rio Grande FID Early Next Year After Latest SPA

With its latest sales and purchase agreement (SPA) with Galp Trading SA, NextDecade Corp. is targeting a final investment decision for its Rio Grande LNG terminal early next year. Houston-based NextDecade disclosed Tuesday that it has inked a 20-year, 1 million metric ton/year (mmty) SPA at prices linked to Henry Hub with the unit of…

December 20, 2022