Phase 1 of the Port Arthur LNG project will include two natural gas liquefaction trains. Credit: Port Arthur LNG/Sempra.

Sempra’s subsidiary Sempra Infrastructure has signed an agreement with US-based oil and gas producer ConocoPhillips to supply liquefied natural gas (LNG) to the latter from Phase 1 of the planned Port Arthur LNG project in Jefferson County, Texas, US.

Under the 20-year sale and purchase agreement (SPA), Sempra Infrastructure will deliver five million tonnes per annum (Mtpa) of LNG to ConocoPhillips.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Sempra and ConocoPhillips also signed an equity sale and purchase agreement whereby ConocoPhillips will purchase a stake of 30% in the Port Arthur LNG Phase 1 project, which is expected to have a production capacity of approximately 13.5Mtpa.

The two firms also signed a natural gas supply management agreement, which will see ConocoPhillips manage the feedgas supply for first phase of the liquefaction facility.

Sempra chairman and CEO Jeffrey W Martin said: “Together, we have a shared view of the role this facility can play in supporting global economies, with energy supplies that advance both energy security and environmental goals.”

See Also:

ConocoPhillips chairman and CEO Ryan Lance said: “We are excited to partner with Sempra, and our participation in the Port Arthur LNG project will further enhance our portfolio as we continue to respond to global demand for reliable supply of natural gas.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Sempra Infrastructure plans to make a final investment decision (FID) for Phase 1 of the proposed liquefaction facility in the first quarter of 2023.

Phase 1 of the Port Arthur LNG project will include two natural gas liquefaction trains and LNG storage tanks, in addition to associated facilities.