NextDecade Announces 1.0 MTPA LNG Sale and Purchase Agreement with ExxonMobil
7/27/2022
NextDecade - Press release NextDecade Corporation announced today the execution of a 20-year sale and purchase agreement (“SPA”) with ExxonMobil LNG Asia Pacific, an ExxonMobil affiliate, for the supply of liquefied natural gas from NextDecade’s Rio Grande LNG export project in Brownsville, Texas. Under the SPA, EMLAP will purchase 1.0 million metric tonnes per annum (“MTPA”) of LNG. The LNG will be supplied from the first two trains of Rio Grande LNG, with the first train expected to start commercial operations as early as 2026. “The signing of this long-term SPA with ExxonMobil, a global leader in the energy industry, represents another significant milestone for RGLNG and signifies the
