Developer of the Rio Grande LNG terminal in Brownsville, Texas, NextDecade has secured a 20-year supply contract with China Gas Holdings for the sale of 1 million tonnes per annum (mtpa) of liquefied natural gas (LNG).
The sale and purchase agreement (SPA) was firmed with one of China Gas Holdings’ subsidiaries, China Gas Hongda Energy Trading.
Train 1 of Rio Grande is going to provide the LNG in question, having its operational phase expected to start in 2026 at least. 
The Rio Grande terminal will liquefy natural gas from the Eagle Ford shale and NextDecade already has several SPAs sealed to support its development.
A final investment decision (FID) on the project will likely be taken this year still.
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