Sempra Energy subsidiary enters long-term SPA with PKN Orlen S.A.

Sempra Infrastructure, a subsidiary of Sempra, announced it has entered into a long-term sale and purchase agreement, or SPA, with PKN Orlen S.A., which recently acquired the Polish Oil & Gas Company, for the supply of liquefied natural gas, or LNG, from the Port Arthur LNG Phase 1 project under development in Jefferson County, Texas. With this agreement, the projected LNG off-take capacity for the Phase 1 project is now fully subscribed under binding long-term agreements. Under the SPA, PKN Orlen has agreed to purchase approximately 1M tons per annum, or Mtpa, of LNG from the Port Arthur LNG Phase 1 project on a free-on-board basis for 20 years.