---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-029401"
form_type: "8-K"
ticker: "NEXT"
cik: "0001612720"
company_name: "NextDecade Corp"
filed_at: "2022-12-20T23:59:59+00:00"
generated_at: "2026-06-21T01:46:07.920869+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-22-029401
- form_type: 8-K
- ticker: NEXT
- cik: 0001612720
- company_name: NextDecade Corp
- filed_at: 2022-12-20T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1612720/000143774922029401/0001437749-22-029401-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1612720/000143774922029401/next20221219_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-029401
- JSON: https://secwatch.observer/filing/0001437749-22-029401.json
- Plain text: https://secwatch.observer/filing/0001437749-22-029401.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.