Nextdecade

NextDecade Corp. inked a long-term agreement with its first Japanese customer, Itochu Corp., for offtake from the proposed Rio Grande LNG project in South Texas. NextDecade said Thursday Itochu signed a 15-year sales and purchase agreement (SPA) for 1 million metric ton/year (mmty) of liquefied natural gas indexed to Henry Hub. It would be delivered…

Work for the Rio Grande LNG terminal and related Rio Bravo Pipeline proposed by NextDecade Corp. in South Texas may proceed after a challenge against the water permits was dismissed. The U.S. Circuit Court of Appeals for the Fifth Circuit last Thursday said a claim brought by a Rio Grande Valley fishermen association and environmental…

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…

A potential obstacle to construct the proposed Rio Grande and Texas LNG facilities in South Texas has been cleared after an appellate court upheld a decision to dismiss a lawsuit over leases. The Thirteenth Court of Appeals, which serves the South Texas area, ruled that a trial court correctly dismissed a case against the Brownsville…

The hot summer of long-term LNG supply contracts for U.S. exporters is continuing this week with another pair of separate sales and purchase agreements (SPA) by Cheniere Energy Inc. and NextDecade Corp. A Cheniere subsidiary secured a 1 million metric tons/year (mmty) SPA for liquefied natural gas with Thailand’s PTT Public Co. Ltd. (PTT). Houston-based…

NextDecade Corp. announced its third long-term contract with a Chinese company for liquefied natural gas (LNG) offtake as it prepares to possibly sanction the first two trains of its Rio Grande LNG project this year. Houston-based NextDecade disclosed Tuesday it has clinched a 1.0 million metric ton/year (mmty), 20-year sales and purchase agreement (SPA) with…

NextDecade Corp. and Energy Transfer LP separately on Monday clinched more sales and purchase agreements (SPA) for their respective liquefied natural gas (LNG) export projects proposed for South Texas and Louisiana. France’s Engie SA negotiated a 15-year, 1.75 million metric ton/year (mmty) SPA with Houston-based NextDecade for gas from Rio Grande in Brownsville, TX. Engie…

NextDecade Corp. has landed its second long-term agreement for liquefied natural gas (LNG) with a Chinese buyer in less than two weeks as it shores up offtake ahead of a possible summer sanctioning of its South Texas export project. The Houston-based company announced Wednesday a 20-year sale and purchase agreement (SPA) with ENN LNG Pte…

NextDecade Corp. has landed a second customer for its proposed Rio Grande liquefied natural gas (LNG) project in South Texas, announcing a long-term deal with a major Chinese utility as it heads closer to a possible final investment decision (FID) later in the year.  The Houston-based company disclosed Thursday it has entered a heads of…