NextDecade rises after 20-year LNG supply deal with JERA

ReutersMay 29, 2025 12:58 PM

Shares of LNG Producer NextDecade NEXT.O gain ~5% to $8.06 premarket

Company says it has signed a 20-year agreement with JERA to supply LNG from Train 5 of its Rio Grande LNG Facility

Under the agreement, JERA will purchase 2 million tonnes per annum of LNG

NEXT says that the agreement is subject to a positive Final Investment Decision of Train 5

As of last close, NEXT down 0.4% YTD

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