Sempra Infrastructure and JERA Sign Heads of Agreement for U.S. LNG Supply

Core Viewpoint - Sempra Infrastructure has signed a non-binding heads of agreement with JERA for a 20-year LNG offtake agreement, indicating progress towards the Port Arthur LNG Phase 2 project, which aims to enhance U.S. natural gas exports to global markets [1][2]. Group 1: Project Details - The Port Arthur LNG Phase 2 project will have a capacity of 1.5 million tonnes per annum (Mtpa) and aims to double the total liquefaction capacity of the facility from approximately 13 Mtpa to about 26 Mtpa [1][3]. - The project has received all key permits and is actively marketed, with future phases in early development [2][3]. - The project has received authorization from the U.S. Department of Energy to export LNG to non-free trade agreement countries and from the Federal Energy Regulatory Commission [4]. Group 2: Strategic Partnerships - Sempra Infrastructure previously signed a non-binding agreement with Aramco for a long-term LNG offtake and equity investment in the Port Arthur LNG Phase 2 project [5]. - The collaboration with JERA, Japan's largest power generation company, is aimed at diversifying energy sources and enhancing energy supply resilience [2]. Group 3: Operational Timeline - The Port Arthur LNG Phase 1 project is under construction and is expected to achieve commercial operation in 2027 and 2028 for its two trains [6].