Sempra LNG And Aramco Services Company Sign Heads Of Agreement For Port Arthur LNG
"At Sempra Energy, we are developing one of the largest LNG export infrastructure portfolios in
The proposed Port Arthur LNG Phase 1 project is expected to include two liquefaction trains, up to three LNG storage tanks and associated facilities that should enable the export of approximately 11 Mtpa of LNG on a long-term basis. Port Arthur LNG could be one of the largest LNG export projects in
Notes to Editors
- Earlier this month, the
U.S. Department of Energyissued Port Arthur LNG's authorization to export domestically produced natural gas to countries that do not have a free trade agreement with the U.S. Last month, Port Arthur LNG and its affiliates received authorization from the Federal Energy Regulatory Commissionto site, construct and operate the liquefaction export facility and related natural gas pipelines.
- Port Arthur LNG is one of Sempra LNG's five strategically located LNG development opportunities in
North Americaand is a component of Sempra LNG's goal of delivering 45 Mtpa of clean natural gas to the global LNG market.
- Development of
Sempra Energy'sLNG export projects is contingent upon obtaining additional customer commitments, completing the required commercial agreements, securing all necessary permits, obtaining financing, incentives and other factors, and reaching a final investment decision. The ultimate participation by Aramco Services Companyand its affiliates in the Port Arthur LNG project remains subject to finalization of definitive agreements, among other factors.
About Saudi Aramco
Saudi Aramco is a global integrated energy and chemicals company. We are driven by the core belief that energy is opportunity. From producing approximately one in every eight barrels of the world's oil supply to developing new energy technologies, our global team is dedicated to creating impact in all that we do. We focus on making our resources more dependable, more sustainable and more useful. This helps promote stability and long-term growth around the world. www.saudiaramco.com
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