Sempra and ConocoPhillips sign 20-year SPA
November 22, 2022
Sempra Infrastructure and ConocoPhillips signed a 20-year SPA for 5 MTPA of LNG to be supplied from Phase 1 of the proposed Port Arthur LNG export project. The parties also agreed that ConocoPhillips would acquire 30% of the equity in Phase 1 of Port Arthur LNG and would manage the feedgas supply requirements for Phase 1 of the liquefaction facility. FID for Phase 1 of the Port Arthur LNG project is expected in the first quarter of 2023.
Edited from Sempra Press Release