Sempra Infrastructure, a subsidiary of the US energy company Sempra, has signed a final engineering, procurement and construction (EPC) contract with Bechtel Energy for the proposed 13.5 Mt/year Phase 1 liquefaction project at the Port Arthur LNG terminal, currently under development in Jefferson County, in the US state of Texas. The amended contract includes an updated price of approximately US$10.5bn.
Under the EPC contract, Bechtel will perform the detailed engineering, procurement, construction, commissioning, startup, performance testing and operator training activities for Phase 1 of the project. The Port Arthur LNG Phase 1 project will include two gas liquefaction trains and LNG storage tanks, and associated facilities capable of producing up to 13.5 Mt/year of LNG. A similarly sized Port Arthur LNG Phase 2 project is also under active marketing and development.
Earlier in 2022, Sempra Infrastructure signed a series of non-binding agreements, notably with ConocoPhillips (to acquire a 30% equity interest and offtake 5 Mt/year from the facility.), RWE (for the purchase of 2.25 Mt/year of LNG) and PGNiG (for the purchase of 3 Mt/year of LNG).
Interested in LNG Databases?
World LNG Database offers a complete set of data on LNG markets. The service provides detailed information on existing and planned liquefaction and regasification plants. It also includes LNG shipping around the world, LNG contracts, time series on regasification and liquefaction capacities, LNG flows and LNG prices for all players in the market.