NextDecade Corporation (NEXT) recently announced a significant 20-year sale and purchase agreement with a subsidiary of Aramco for liquefied natural gas (LNG) from its Rio Grande LNG Facility in Texas. Per the terms of the agreement, Aramco will purchase 1.2 million tons per annum (mtpa) of LNG from Train 4 on a free-on-board basis, with pricing indexed to the Henry Hub’s benchmark price. This agreement is subject to a favorable Final Investment Decision (FID) on Train 4. NextDecade’s share price surged sig ...