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Stock impact report

Liquefied Natural Gas: TotalEnergies to Offtake 1.5 Mtpa of LNG From the Future Train 4 of Rio Grande LNG Facility [Yahoo! Finance]

TotalEnergies SE Ordinary Shares (TTE) 
Company Research Source: Yahoo! Finance
The SPA is subject to a positive FID for Train 4 PARIS, April 15, 2025 BUSINESS WIRE TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed a Sales and Purchase Agreement (SPA) with NextDecade to buy 1.5 million tons per annum (Mtpa) of liquefied natural gas (LNG) from the future Train 4 liquefaction unit at the Rio Grande LNG facility. The SPA, of a duration of twenty years, is subject to NextDecade taking a positive Final Investment Decision (FID) on Train 4. "We are pleased to sign with NextDecade a new 1,5 Mtpa SPA from the future Train 4 of Rio Grande. This agreement will enable NextDecade to progress towards the FID of the project and notably to start its financing process. Once effective, the agreement will help strengthen TotalEnergies' position to serve its customers with a competitive supply, as the leading exporter of LNG from the United States", said Gregory Joffroy, Senior Vice President LNG at TotalEnergies. "TotalEnergies has been a key contributor to the su Show less Read more
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