NextDecade (NEXT) announced that it has executed a 20-year liquefied natural gas sale and purchase agreement with a subsidiary of Aramco for offtake from Train 4 at the Rio Grande liquefied natural gas facility. Under the terms of the SPA, the Aramco subsidiary will purchase 1.2M tonnes per annum liquefied natural gas for 20 years on a free on board basis, at a price indexed to Henry Hub, subject to a positive final investment decision on Train 4.
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