Publications

Sempra Infrastructure forges LNG agreement with INEOS Energy
Transactions - JUNE 24, 2022

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Sempra Infrastructure forges LNG agreement with INEOS Energy

by Released

Sempra Infrastructure and INEOS Energy Trading Ltd. have entered into a heads of agreement (HOA) for the long-term supply of liquefied natural gas (LNG) from Sempra Infrastructure's Gulf Coast LNG portfolio of projects under development in North America.

The HOA provides the framework for the negotiation and finalization of a definitive 20-year LNG sale and purchase agreement for approximately 1.4 million tons per annum (Mtpa) of LNG delivered free on board from the proposed Port Arthur LNG project or Cameron LNG Phase 2 project.

“INEOS is one of Europe's largest end-users of natural gas and we look forward to building a long-term relationship with a company that shares our vision of increasing the world’s energy security while simultaneously advancing lower-carbon energy sources,” said Justin Bird, CEO of Sempra Infrastructure. “This HOA demonstrates our ongoing momentum in advancing our next generation of LNG export facilities with an eye toward supplying U.S

Forgot your username or password?