BUZZ-NextDecade rises after LNG supply deal with TotalEnergies

Reuters
14 Apr
BUZZ-NextDecade rises after LNG supply deal with TotalEnergies

** Shares of U.S.-based liquefied natural gas $(LNG)$ producer NextDecade NEXT.O rise 3.8% to $7.10 premarket

** Company to supply 1.5 million tonnes per annum of LNG to France's TotalEnergies TTEF.PA for 20 years from Rio Grande LNG Train 4

** NEXT expects existing long-term commercial agreements to be sufficient to support positive final investment decision $(FID.AU)$ on Train 4

** As of last close, shares down 11.28% YTD

(Reporting by Katha Kalia in Bengaluru)

((Katha.Kalia@thomsonreuters.com))

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