NextDecade and Guangdong Energy Announce Binding Heads of Agreement

HOUSTON–(BUSINESS WIRE)–NextDecade Corporation (“NextDecade”) (NASDAQ: NEXT) announced today the execution of a binding Heads of Agreement (“HOA”) with Guangdong Energy Group Natural Gas Co., Ltd. (“Guangdong Energy”) for the long-term supply of liquefied natural gas (“LNG”) for 20 years from NextDecade’s Rio Grande LNG export project in Brownsville, Texas. The HOA provides that Guangdong Energy will purchase up to 1.5 million tonnes per annum of LNG indexed to Henry Hub. The LNG supply will