康菲石油公司将从Sempra的Port Arthur LNG二期购买LNG

ConocoPhillips (NYSE:COP) said Thursday it agreed to purchase 4M metric tons/year of liquefied natural gas from the Port Arthur LNG Phase 2 project in Texas under development by Sempra Infrastructure (NYSE:SRE).

Under the agreement, ConocoPhillips (NYSE:COP) will offtake LNG over a 20-year term on a free-on-board basis, supporting its ability to deliver natural gas to customers in key global markets.

The deal extends ConocoPhillips' (COP) partnership with Sempra (NYSE:SRE), where it already owns a 30% equity stake in Phase 1 of the Port Arthur LNG project, which is under construction and expected to start operations in 2027.

The Port Arthur LNG Phase 2 project is expected to include two liquefaction trains capable of producing ~13M tons/year of LNG, doubling the total liquefaction capacity of the Port Arthur LNG facility to as much as 26M tons/year.