NextDecade signs 20-year LNG SPA with Galp for 1.0 MTPA; targets FID on first 3 trains in Q1 2023

NextDecade Corp

Executed 20-year LNG sale and purchase agreement with Galp for 1.0 MTPA, indexed to Henry Hub, free-on-board.
Targeting positive Final Investment Decision on first three trains of Rio Grande LNG in Q1 2023.
Remaining train FIDs to follow after first three trains are sanctioned.
Galp is a Portuguese energy company serving the Iberian Peninsula and one of Portugal's largest energy firms.

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