US liquefied natural gas (LNG) developer NextDecade announced it will increase the volume of LNG supplies in a sales and purchase agreement signed with China’s ENN Natural Gas, reports Reuters.
Under the agreement, ENN via a wholly-owned subsidiary ENN LNG (Singapore), will now purchase 2 million tonnes per annum (mtpa) of LNG, up 0.5 mtpa from the original agreement, according to a statement by NextDecade dated Tuesday.
All supply volumes will come from the first three trains at NextDecade’s Rio Grande LNG export project in Brownsville, Texas on a free-on-board basis, and will be indexed to the Henry Hub.
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