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Sempra Energy subsidiary enters long-term sale and purchase agreement with Engie
The Fly

Sempra Energy subsidiary enters long-term sale and purchase agreement with Engie

Sempra Infrastructure, a subsidiary of Sempra, announced it has entered into a long-term sale and purchase agreement, or SPA, with Engie S.A. for the supply of liquefied natural gas, or LNG, from Phase 1 of its proposed Port Arthur LNG project under development in Jefferson County, Texas. Under the SPA, Engie has agreed to purchase approximately 0.875M tons per annum of LNG for 15 years, delivered on a free-on-board basis, and sourced from natural gas producers whose gas has been certified by an independent third party in accordance with environmental, social and governance performance criteria. The agreement also provides a framework to explore ways to lower the carbon intensity of LNG produced from the Port Arthur Phase 1 LNG project through GHG emission reduction, mitigation strategies and a continuous improvement approach.

Published first on TheFly

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