NextDecade extends EPC price validity for Rio Grande LNG to June 15, 2023; targets FID by Q2 2023

NextDecade Corp

Amended EPC agreements with Bechtel extend price validity to June 15, 2023 for Trains 1-3.
Aggregate lump-sum EPC cost estimated at ~$11.5 billion for Trains 1-3 of Rio Grande Facility.
NextDecade targets positive FID on Trains 1-3 before end of Q2 2023, with FIDs for remaining trains to follow.

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