Happy Wednesday!
Did anyone
happen to read the Oil & Gas Journal’s OGJ Daily Update Newsletter on
May 12, 2025, their article titled, “Sempra reaffirms Port Arthur LNG Phase 2 FID
by end-2025”? In the article, it speaks on
how Sempra Infrastructure is
still expecting to make a final investment decision on its Phase 2 later this
year, nonetheless the date may change due to external forces. The rest of the article was on the status of
Phase 1. Port Arthur LNG is a partnership
between ConocoPhillips Company and Sempra Infrastructure, and they are
building a facility on the Gulf Coast which will produce 13-million tonnes per
year of liquefied natural gas (LNG). Phase
1 of the project is they are building from the ground up meaning building the substructure,
positioning steel and piping, digging the waterway, and vital components are being
placed. Due to the incoming
administration’s trade policy Sempra received some materials in the Designated
Foreign Trade Zones early to avoid rising prices. Port Arthur LNG is anticipating Phase 1 will
be operational in 2027 and Phase 2 in 2028.
We wish Sempra luck in keeping the project on track. If you would like to read more of Oil and
Gas Journal’s article, please click the link: Sempra
reaffirms Port Arthur LNG Phase 2 FID by end-2025 | Oil & Gas Journal.
If you would
like help in looking into how to transport your product efficiently and with
less of a carbon footprint, contact us via the email in the Blog and check out
our ESC website!
We hope you have a wonderful evening and a great week!