ConocoPhillips Strikes 20-Year LNG Deal With Sempra's Port Arthur

Key Takeaways ConocoPhillips signed a 20-year LNG supply deal with Sempra's Port Arthur Phase 2 project in Texas.The deal covers 4 MTPA of LNG, with shipments to Europe and Asia under a free-on-board contract.COP adds to its 2022 Phase 1 deal, further expanding its LNG portfolio and global supply flexibility.ConocoPhillips (COP) has strengthened its position in the global liquefied natural gas (LNG) market by announcing a major supply agreement with Sempra Infrastructure. Under the deal, the Houston-based o ...