Business
Sempra Infrastructure and JERA Announce Sale and Purchase Agreement for U.S. LNG from Port Arthur LNG Phase 2
Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE), and JERA Co., Inc. (JERA) today announced a 20-year sale and purchase agreement for the supply of 1.5 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) offtake from the Port Arthur LNG Phase 2 development project in Jefferson County, Texas. The LNG will be supplied on a free-on-board basis.
About this update from Dba Sempra
[{"type":"text","content":"HOUSTON, July 31, 2025 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE), and JERA Co., Inc. (JERA) today announced a 20-year sale and purchase agreement for the supply of 1.5 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) offtake from the Port Arthur LNG Phase 2 development project in Jefferson County, Texas. The LNG will be supplied on a free-on-board basis.","length":422,"tagName":"p"},{"type":"text","content":"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.","length":266,"tagName":"p"},{"type":"text","content":""This agreement establishes a long-term relationship with JERA and confirms Sempra Infrastructure's commitment to customers in Japan and the greater Asian market and their continued access to affordable and secure U.S. natural gas," said Justin Bird, chief executive officer of Sempra Infrastructure. "We remain focused on advancing our Port Arthur LNG Phase 2 development project to a final investment decision and strengthening the role of the United States as an energy provider of choice for LNG buyers worldwide."","length":552,"tagName":"p"},{"type":"text","content":"Ryosuke Tsugaru, chief low carbon fuel officer for JERA adds, "This agreement marks a significant strategic relationship with Sempra Infrastructure and underscores our commitment to securing a reliable, long-term LNG supply from trusted sources. Aligning with JERA's growth strategy, the addition of flexible and dependable LNG volumes strengthens our overall LNG portfolio and enhances our ability to respond to the evolving global energy landscape while helping to ensure supply stability for Japan and across Asia."","length":532,"tagName":"p"},{"type":"text","content":"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.","length":174,"tagName":"p"},{"type":"text","content":"The project has received all its key permits and is expected to include two liquefaction trains capable of producing approximately 13 Mtpa of LN...