Aramco and NextDecade Collaborate for LNG Offtake Deal

Thursday, 13 June 2024, 07:12
Aramco and NextDecade sign a significant heads of agreement for a 1.2 MTPA long-term off-take partnership that will see LNG sourced from the Rio Grande LNG Facility. The collaboration aims to bolster energy supply chains and explore lucrative opportunities in the global LNG market. This move signifies a strategic alignment in the energy sector, enhancing both companies' market presence and long-term sustainability.
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Aramco and NextDecade Collaborate for LNG Offtake Deal

Aramco and NextDecade Enter Long-Term LNG Offtake Agreement

Aramco and NextDecade have announced a pivotal deal for the long-term off-take of 1.2 MTPA of LNG from the Rio Grande LNG Facility. This agreement solidifies a strategic partnership between the two industry leaders, emphasizing stability and growth in the energy sector.

Key Highlights:

  • Aramco and NextDecade collaboration
  • 1.2 MTPA long-term off-take agreement
  • Source of LNG from the Rio Grande LNG Facility
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