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Sempra Agree 2.25mtpa SPA For 15 Years with RWE

LNG

Sempra today announced it has entered into a long term sale and purchase agreement with RWE Supply and Trading to supply 2.25mtpa of LNG from Port Arthur LNG Phase 1.

  • LNG will be delivered on a free on board basis for 15 years.
  • Sempra has previously announced long-term agreements with ConocoPhillips, INEOS and Engie for approximately 5mtpa, 1.4mtpa and 0.875mtpa of LNG, respectively.
  • The Port Arthur LNG Phase 1 project is permitted and expected to include two trains and LNG storage tanks for up to 13.5mtpa of LNG. FID for the project is expected in 1Q23.
  • A similarly sized Port Arthur LNG Phase 2 project is also competitively positioned and under active marketing and development.
  • US LNG export projects have made over 20 supply deals since June.
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