Sempra to sell Port Arthur Phase 1 LNG to RWE

Jan. 5, 2023
Sempra Infrastructure last week agreed to sell RWE Supply & Trading GMBH, a subsidiary of RWE AG, 2.25 million tpy of LNG from its 13.5-million tpy Port Arthur LNG Phase 1 project under development in Jefferson County, Tex.

Sempra Infrastructure, a subsidiary of Sempra, last week agreed to sell RWE Supply & Trading GMBH, a subsidiary of RWE AG, 2.25 million tonnes/year (tpy) of LNG from its 13.5-million tpy Port Arthur LNG Phase 1 project under development in Jefferson County, Tex. The LNG will be delivered on a free-on-board basis for 15 years.

Sempra Infrastructure has long-term agreements in place with ConocoPhillips Co., INEOS Group Ltd., and ENGIE SA for the sale and purchase of 7.3 million tpy from Phase 1 (OGJ Online, Dec. 6, 2022). Sempra hopes to take final investment decision (FID) in first-quarter 2023, with first cargo deliveries expected in 2027.

Port Arthur LNG Phase 1 is permitted and will include two 6.75-million tpy liquefaction trains and as many as three 160,000-cu m LNG storage tanks. The similarly sized Port Arthur LNG Phase 2 project is under active marketing and development.

Development of both phases of the Port Arthur LNG project is contingent upon completing required commercial agreements, securing and maintaining necessary permits, obtaining financing, and reaching FID, among other factors.