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NextDecade Agree Extra 0.5mtpa LNG Supply with China's ENN

LNG

NextDecade Corp on Tuesday announced an increase in LNG supply volumes in a sales and purchase agreement signed with China’s ENN Natural Gas Co Ltd according to Reuters.

  • ENN will purchase an extra 0.5mtpa of LNG to a total of 2mtpa according to a statement by NextDecade on Tuesday. The original 20 year term agreement indexed to Henry Hub was signed in April.
  • NextDecade’s Rio Grande LNG project in the Port of Brownsville, Texas will be capable of producing 27mtpa of low carbon intensive LNG.
  • Final investment decision on the first three trains is expected in Q1 2023 with commercial deliveries expected to start in 2027.

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