ConocoPhillips Doubles LNG Purchases from Sempra's Texas Facility

ConocoPhillips has doubled its LNG purchases from Sempra's Port Arthur LNG project in Texas, increasing its annual purchase volume to 4 million tons. This builds on its existing 5 million tons per year purchase from the facility's first phase. The company aims to meet growing LNG demand in Asia and Europe. Sempra is developing the Port Arthur project and plans to make a final investment decision soon.

ConocoPhillips has doubled its LNG purchases from Sempra's Port Arthur LNG project in Texas, increasing its annual purchase volume to 4 million tons. This move builds on the company's existing 5 million tons per year purchase from the facility's first phase. The expansion is aimed at meeting growing LNG demand in Asia and Europe [1].

The Port Arthur LNG Phase 2 development project, which is expected to include two additional liquefaction trains capable of producing about 13 Mtpa, is currently in the final stages of permitting. The Federal Energy Regulatory Commission granted project approval in September 2023, followed by an export authorization from the U.S. Department of Energy in May 2025 [1]. Bechtel has been selected to deliver the engineering, procurement, and construction of the facility.

Sempra, a publicly traded energy infrastructure company, is developing the Port Arthur project and plans to make a final investment decision soon. The company is optimistic about the project's potential to drive economic growth and job creation in the region [2].

ConocoPhillips, an American multinational corporation, is one of the largest independent producers of oil and natural gas globally. The company's strategic partnership with Sempra Infrastructure reflects its commitment to building a flexible and reliable LNG supply network to meet growing energy demand [2].

The partnership between Sempra and ConocoPhillips is part of Sempra's broader strategy to expand its LNG franchise and unlock value for shareholders. The company's initiatives position it to drive future growth and deliver long-term value to consumers [2].

References:
[1] https://en.portnews.ru/news/380883/
[2] https://www.sempra.com/newsroom/press-releases/sempra-and-conocophillips-extend-partnership-offtake-agreement-port-arthur