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Sempra Infrastructure, A Subsidiary Of Sempra, And JERA Announced A 20-year Sale And Purchase Agreement For The Supply Of 1.5M Tonnes Per Annum Of Liquefied Natural Gas Offtake From The Port Arthur LNG Phase 2 Development Project In Jefferson County, Texas

Benzinga·07/31/2025 11:53:39

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This agreement marks a major step forward from the non-binding heads of agreement signed in June 2025 and underscores Sempra Infrastructure and JERA's shared commitment to supporting energy security and a lower carbon future through stable, long-term LNG supply.
The proposed Port Arthur LNG Phase 2 project is competitively positioned and is under active marketing and development. Future phases are also in the early development stage.
The project has received all its key permits and is expected to include two liquefaction trains capable of producing approximately 13 Mtpa of LNG, which could increase the total liquefaction capacity of the Port Arthur LNG facility from approximately 13 Mtpa for Phase 1 to up to approximately 26 Mtpa.
In September 2023 the project received authorization from the Federal Energy Regulatory Commission. In July 2024, Sempra Infrastructure announced that Bechtel had been selected for a fixed-price engineering, procurement and construction contract for the project. More recently, the project received authorization in May 2025 from the U.S. Department of Energy to export U.S. LNG to countries that do not have a free-trade agreement with the U.S.
The Port Arthur LNG Phase 1 project, which is currently under construction, is expected to achieve commercial operation in 2027 and 2028 for trains 1 and 2, respectively.
The development of the Port Arthur LNG Phase 2 project remains subject to a number of risks and uncertainties, including completing the required commercial agreements, securing and/or maintaining all necessary permits, obtaining financing and reaching a final investment decision, among other factors.