Sempra Infrastructure and EQT announce long-term LNG supply agreement

Pursuant to the SPA, EQT will purchase the LNG on a free-on-board basis at a price indexed to Henry Hub.

“Advancing the Port Arthur LNG Phase 2 project with EQT reflects our mutual commitment to helping ensure US natural gas projects continue to support local economic development and provide global markets with a stable, long-term supply of LNG,” said Justin Bird, CEO of Sempra Infrastructure. “This development project can help fortify America’s position as a leading energy exporter, which is a shared goal of EQT and Sempra Infrastructure.”

The Port Arthur LNG Phase 2 development project is strategically positioned to help meet global energy demand and has attracted strong interest from prospective LNG buyers. In July 2025, Sempra Infrastructure signed a definitive 20-year SPA with JERA Co. Inc. for 1.5 million tpy of LNG offtake. Earlier in August 2025, Sempra Infrastructure expanded its strategic alliance with ConocoPhillips with a 20-year SPA for 4 million tpy of LNG offtake from the proposed project. Future phases are also in the early development stage.

In September 2023, the Federal Energy Regulatory Commission granted project approval, followed by an export authorisation from the US Department of Energy in May 2025, allowing LNG exports to countries without a free-trade agreement with the US. All major permits for the Port Arthur LNG Phase 2 development project have been secured.

Further advancing the project, Sempra Infrastructure also previously announced that Bechtel had been selected to deliver the engineering, procurement, and construction (EPC) of the Port Arthur LNG Phase 2 facility. With continued momentum in the project’s development, Sempra Infrastructure continues to target making a final investment decision (FID) on the Port Arthur LNG Phase 2 project in 2025.

Port Arthur LNG Phase 2 is expected to include two liquefaction trains capable of producing approximately 13 million tpy of LNG, which could increase the total liquefaction capacity of the Port Arthur LNG facility from approximately 13 million tpy for Phase 1 to up to approximately 26 million tpy. Port Arthur LNG Phase 1, which is currently under construction, is expected to achieve commercial operations in 2027 and 2028 for trains 1 and 2, respectively.

Read the article online at: https://www.tanksterminals.com/terminals/28082025/sempra-infrastructure-and-eqt-announce-long-term-lng-supply-agreement/