NextDecade Corp. agreed to a long-term supply deal to provide Galp Trading SA with LNG from its Rio Grande LNG (RGLNG) export project in Brownsville, Tex.
NextDecade Corp. agreed to a long-term supply deal to provide Galp Trading SA with LNG from its Rio Grande LNG (RGLNG) export project in Brownsville, Tex.
Under the 20-year agreement, Galp will purchase 1.0 million tonnes/year (tpy) of LNG indexed to Henry Hub on a free-on-board basis.
NextDecade is currently targeting a positive final investment decision (FID) on the first three trains of the RGLNG export project during first-quarter 2023, with FIDs of its remaining trains to follow thereafter.