ConocoPhillips commits to 4M tonnes per annum (mta) LNG offtake in latest agreement, following earlier deals with JERA
Sempra and ConocoPhillips have signed a definitive 20-year sale and purchase agreement (SPA) for 4 mta of liquefied natural gas (LNG) offtake from the Port Arthur LNG Phase 2 development project in Jefferson County, Texas.
Sempra chairman and chief executive officer Jeffrey W Martin said, “The role of US LNG in meeting the energy security needs of America’s allies continues to grow,” and he was “excited to extend our partnership with ConocoPhillips to expand the Port Arthur LNG facility.”
ConocoPhillips chairman and chief executive Ryan Lance said, “ConocoPhillips is pleased to extend our partnership with Sempra Infrastructure to Port Arthur LNG Phase 2, where we will be a major offtaker” and the SPA “advances our global LNG portfolio strategy as we build a flexible and reliable LNG supply network to meet growing energy demand.”
On 31 July 2025, Sempra Infrastructure and JERA Co entered into a 20-year SPA for the supply of 1.5 mta of LNG offtake from Port Arthur LNG Phase 2, on a free-on-board basis.
Sempra Infrastructure chief executive officer Justin Bird said the agreement with JERA confirms the company’s commitment to customers in Japan and the greater Asian market and their continued access to affordable and secure US natural gas.
He added the company remains focused on advancing the Port Arthur LNG Phase 2 development project to a final investment decision.
JERA chief low carbon fuel officer Ryosuke Tsugaru said the agreement demonstrates the company’s commitment to securing a reliable, long-term LNG supply from trusted sources and strengthens its LNG portfolio and ability to ensure supply stability for Japan and across Asia.
