NextDecade has increased the amount of liquefied natural gas it will supply ENN LNG, a Singaporean subsidiary of China's ENN, to 2 million tonnes per annum, up from 1.5 million tpa.
The LNG for the 20-year sale and purchase agreement will come from NextDecade’s first three trains at Rio Grande LNG in Brownsville, Texas, on a free-on-board basis.
The sale comes as the US LNG exporter works to gain supply deals for the upcoming final investment decision for an initial three trains, which is expected in the first quarter of 2023. Additional trains will likely be sanctioned in future.
Last week, NextDecade executed a 20-year agreement with Portugal’s Galp Trading for 1 million tpa, also from Rio Grande LNG and on a free-on-board basis.
Separately, Venture Global, another US LNG exporter, announced its own 20-year agreement with the Singapore-based subsidiary of Japan's Inpex to supply 1 million tpa of LNG.
The volumes will come from Venture Global’s third project, CP2 LNG, which is expected to begin construction in 2023.
“Venture Global is delighted to welcome Inpex, Japan’s largest gas exploration and production company, as a customer at CP2 and expand our customer base in Asia,” said Venture Global chief executive Mike Sabel.
“We are honoured to provide security of LNG supply to this key market and look forward to supporting Inpex as it delivers our competitive lower carbon energy to the region.”