NextDecade executes 20-year liquefied natural gas sale, purchase agreement

NextDecade (NEXT) announced that it has executed a 20-year liquefied natural gas sale and purchase agreement with Jera for offtake from Train 5 at the Rio Grande LNG Facility. Under the terms of the SPA, Jera will purchase 2.0 million tons per annum of LNG 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 5.