Printed by
Jessica Casey,
Deputy Editor
LNG Trade,
NextDecade Company has introduced a quantity improve of the sale and buy settlement (SPA) with ENN LNG (Singapore) Pte Ltd, a wholly-owned subsidiary of ENN Pure Fuel Co., Ltd, for the availability of LNG from NextDecade’s Rio Grande LNG export undertaking (RGLNG) in Brownsville, Texas, the US.
Underneath the 20 12 months SPA, ENN will now buy 2 million tpy of LNG. This can be a 0.5 million tpy improve from the unique 1.5 million tpy SPA introduced earlier in 2022. All volumes of LNG are listed to Henry Hub and can be equipped from the primary three trains at RGLNG on a free-on-board foundation.
NextDecade is at the moment concentrating on a optimistic remaining funding choice (FID) on the primary three trains of the RGLNG export undertaking throughout 1Q23, with FIDs of its remaining trains to observe thereafter.
Learn the article on-line at: https://www.lngindustry.com/liquid-natural-gas/05012023/nextdecade-announces-increase-of-enn-lng-spa/
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