Sempra Infrastructure and INEOS Energy Trading Ltd. have entered into a heads of agreement (HOA) for a 20-year supply of LNG from Sempra’s 13.5-million tonne/year (tpy) Port Arthur LNG and 6.75-million tpy Cameron LNG Phase 2 projects. An expected total of 1.4 million tpy would be sold to INEOS on a free-on-board basis from the two plants, in Jefferson County, Tex., and Hackberry, La.
INEOS said it will market the LNG globally as well as supplying its own industrial needs in Europe.
Last month Sempra announced an HOA with the Polish Oil & Gas Co. (PGNiG) for 2 million tpy from Cameron LNG Phase 2 and 1 million tpy from Port Arthur LNG, with an option for PGNiG to reallocate the Cameron LNG Phase 2 volumes to Port Arthur LNG. Sempra also recently announced an HOA with RWE Supply & Trading for 2.25 million tpy from the Port Arthur LNG project (OGJ Online, May 25, 2022).
The two-train Port Arthur LNG Phase 1 project has received all major permits. The proposed Cameron LNG Phase 2 project, expected to include a single LNG train, has launched a front-end engineering and design tender.