Sempra Infrastructure, a subsidiary of Sempra, and INEOS, a global chemical products manufacturer, signed an HoA for the supply of approximately 1.4 MTPA of LNG to INEOS on an FOB basis for a period of 20 years from the proposed Port Arthur LNG project or Cameron LNG Phase 2 project.

Edited from Sempra Press Release

Cheniere announced the signing of two LNG SPAs with Chevron, to supply a combined 2 MTPA of LNG to Chevron from Cheniere’s subsidiaries, Sabine Pass Liquefaction and Cheniere Marketing, on an FOB basis at a price indexed to the Henry Hub price, plus a fixed liquefaction fee.

Under the first agreement, Chevron will purchase approximately 1 MTPA of LNG from Sabine Pass Liquefaction. Deliveries will start in 2026 will reach the full volume during 2027 and will continue until mid-2042. Under the second agreement, Chevron will purchase approximately 1 MTPA of LNG from Cheniere Marketing starting in 2027 for a period of approximately 15 years. The second SPA is subject to an FID on additional liquefaction capacity at the Corpus Christi LNG terminal beyond the Corpus Christi Stage III project.

Edited from Cheniere Press Release

Cheniere took an FID on the 10+ MTPA Corpus Christi Stage III liquefaction project and issued full notice to proceed to Bechtel to continue construction, which began earlier this year under limited notice to proceed. The start-up of the project is expected by the end of 2025.

Edited from Cheniere Press Release

Venture Global signed two 20-year SPAs with Chevron to supply 2 MTPA of LNG in total from Venture Global’s LNG facilities: 1 MTPA from Plaquemines LNG and 1 MTPA from CP2 LNG starting in 2026. Plaquemines LNG has been under construction since August 2021, the project reached FID in May 2022. The construction of CP2 LNG is expected to commence in 2023.

Edited from Venture Global Press Release

Following the creation of a new joint venture in partnership with TotalEnergies, three other companies: ENI, ConocoPhillips and ExxonMobil joined QatarEnergy as partners in the North Field East expansion project. The project will include 4 mega liquefaction trains with a combined nameplate capacity of 32 MTPA and will consist of 4 joint ventures. QatarEnergy will be holding a 75% interest in each JV. The remaining interests are allocated as follows:

  • TotalEnergies will hold a 25% interest in its joint venture, which will own 25% of the NFE project
  • ENI will hold a 25% interest in its joint venture, which will own 12.5% of the project
  • ConocoPhillips will hold a 25% interest in its joint venture, which will own 12.5% of the project
  • ExxonMobil will hold a 25% interest in its joint venture, which will own 25% of the project.

Edited from QatarEnergy Press Releases

Venture Global LNG and EnBW, one of the largest energy companies in Germany and Europe, signed two 20-year SPAs for a total of 1.5 MTPA of LNG to be supplied to EnBW from Venture Global’s LNG facilities: 0.75 MTPA will be supplied from Plaquemines LNG and 0.75 MTPA from CP2 LNG starting in 2026.

Edited from Venture Global Press Release

The second LNG receiving terminal in Thailand, LNG Map Ta Phut Terminal 2 (also known as Nong Fab LNG), owned and operated by PTT LNG, received its commissioning LNG cargo. LNG was delivered on board the 210 000 m3 Al Oraiq LNG carrier from Ras Laffan liquefaction facility in Qatar. The construction of the 7.5 MTPA terminal was carried out by a joint venture between Saipem and CTCI Corporation and took 4 years. The terminal’s commissioning is expected to be completed within 2022.

Edited from Saipem Press Release

TotalEnergies has been awarded a 25% interest in the North Field East (NFE) LNG project joint venture following the request for proposals for partner selection. QatarEnergy is holding the remaining 75% interest. The new joint venture will hold a 25% interest in the 32 MTPA NFE project, which is equivalent to one 8 MTPA LNG train.

Edited from TotalEnergies Press Release

An incident occurred at the Freeport LNG liquefaction plant on June 8th, according to preliminary estimations due to the overpressure and rupture of a segment of an LNG transfer line connecting the facility’s LNG storage tanks to the terminal’s dock facilities. This led to the rapid flashing of LNG and the release and ignition of the natural gas vapor cloud, which provoked a fire at the facility. The fire was extinguished approximately 40 minutes after the initial incident. None of the liquefaction trains, LNG storage tanks, dock facilities, or LNG process areas were impacted. Neither injuries nor immediate risk to Freeport LNG personnel or the surrounding community were reported. Investigations into the cause of the incident and what steps are necessary to safely resume liquefaction operations, are ongoing. Return to full plant operations is not expected until late 2022. A resumption of partial operations is targeted to be achieved in approximately 90 days.

Edited from Freeport Press Release

Equinor and Cheniere signed a 15-year SPA for around 1.75 MTPA of LNG purchased from Cheniere Marketing on an FOB basis. LNG deliveries will start in the second half of 2026 and will reach the full annual volume in the second half of 2027. Half of the volume, or approximately 0.9 MTPA, is subject to an FID for additional liquefaction capacity at the Corpus Christi LNG facility beyond the seven-train Corpus Christi Stage III project.

Edited from Equinor and Cheniere Press Releases