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Sempra Infrastructure signs 20-year sale-and-purchase agreement with ENGIE for Port Arthur LNG project in Texas
Transactions - DECEMBER 7, 2022

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Sempra Infrastructure signs 20-year sale-and-purchase agreement with ENGIE for Port Arthur LNG project in Texas

by Kali Persall

Sempra Infrastructure has signed a long-term sale-and-purchase agreement (SPA) with ENGIE for the supply of LNG from phase 1 of its proposed Port Arthur LNG project under development in Jefferson County, Texas.

Under the SPA, ENGIE has agreed to purchase around 0.875 million tonnes per annum (Mtpa) of LNG for 15 years, delivered on a free-on-board basis, and sourced from natural gas producers whose gas has been certified by an independent third party in accordance with ESG performance criteria. The agreement also provides a framework to explore ways to lower the carbon intensity of LNG produced from the Port Arthur Phase 1 LNG project through greenhouse gas emission reduction, mitigation strategies and a continuous improvement approach.

The Port Arthur project has the potential to become one of the largest LNG export facilities in North America. The Port Arthur LNG Phase 1 project is permitted and expected to include two natural gas liquefaction trains and LNG storage

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