NextDecade Signs 20-Year LNG Purchase Agreement with Japan’s JERA

NextDecade Corporation has executed a 20-year LNG sale and purchase agreement (SPA) with JERA for offtake from Train 5 at the Rio Grande LNG Facility. Under the terms of the SPA, JERA will purchase 2.0 MMtpa 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 (FID) on Train 5.