EQT Announces Deal to *Buy* LNG from Rio Grande LNG Train 5

Last week, we told you that EQT Corporation announced it had contracted with Sempra’s Port Arthur LNG Phase 2 project in Jefferson County, Texas, to buy 2 million tonnes per annum (MTPA) of LNG from the facility for a 20-year term (see EQT Announces Deal to *Buy* LNG from Sempra’s Port Arthur LNG). We also reported (in that post) the rumor that EQT was deep in talks with another facility, NextDecade's Rio Grande LNG export facility in Texas, to buy LNG. The rumor was true. Yesterday, both EQT and NextDecade announced a signed deal.

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