Brazil’s oil and gas group Petrobras has entered into a long-term sales and purchase agreement (SPA) with US LNG company Sempra Infrastructure, a subsidiary of Sempra, under which it will purchase 0.8 Mt/year of LNG for a 20-year period (Sempra Infrastructure, 14/09/2026).
According to the company’s press release, the LNG will come from Sempra Infrastructure’s contracted liquefaction capacity at the Port Arthur LNG Phase 2 project, which is currently being built in Texas (United States). The project reached a positive final investment decision (FID) in September 2025.
Port Arthur LNG Phase 2 will comprise two liquefaction trains with a combined production capacity of approximately 13 Mt/year of LNG. This will raise the overall liquefaction capacity of the Port Arthur LNG facility from approximately 13 Mt/year under Phase 1 to up to approximately 26 Mt/year.
Port Arthur LNG Phase 1, also under construction, is expected to enter commercial operations at or near the end of 2027 and in 2028 for Trains 1 and 2, respectively. The project is jointly developed by Sempra Infrastructure and ConocoPhillips and is backed by long-term definitive sales offtake agreements with ConocoPhillips, RWE, Orlen, INEOS and Engie.
Port Arthur LNG Phase 2 is scheduled to reach commercial operations in 2030 and 2031 for Trains 3 and 4, respectively. Additional phases remain at an early development stage. Phase 2 is jointly owned by Sempra Infrastructure and an investor consortium led by Blackstone Credit & Insurance, alongside KKR, Apollo-managed funds and Private Credit at Goldman Sachs Alternatives. The project has definitive long-term offtake agreements in place with strategic partner ConocoPhillips as an anchor, as well as EQT, JERA and Sempra Infrastructure Partners.