NextDecade Announces 1.5 MTPA LNG Sale and Purchase Agreement with EQT from Rio Grande LNG Train 5 - Candlesense

NextDecade Announces 1.5 MTPA LNG Sale and Purchase Agreement with EQT from Rio Grande LNG Train 5

(NASDAQ:NEXT) HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today that it has executed a 20-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with EQT Corporation (NYSE: EQT) for offtake from Rio Grande LNG Train 5. EQT will purchase 1.5 million tonnes per annum (MTPA) of LNG for 20 years on a free on board basis at a price indexed to Henry Hub, subject to NextDecade making a positive final investment decision (FID) on Train 5. “We have