Sempra Infrastructure Secures 20-Year LNG Supply Deal with Petrobras
Source Summary
Sempra Infrastructure has signed a 20-year agreement to supply approximately 0.8 million metric tons per annum of liquefied natural gas to Petrobras from the Port Arthur LNG phase 2 project under construction in Texas. The deal secures long-term demand for the facility's output.
Why it matters
The agreement provides long-term revenue certainty for a major U.S. LNG export project and demonstrates continued international demand for American liquefied natural gas.
