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Sempra, Japan's JERA enter into 20-year LNG supply deal

Sempra, Japan's JERA enter into 20-year LNG supply deal

Reuters2 days ago
July 31 (Reuters) - Sempra Infrastructure, a unit of U.S. energy company Sempra (SRE.N), opens new tab, said on Thursday it has entered into a 20-year deal to supply 1.5 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) to Japan's biggest power generator JERA.
The LNG would be supplied from Sempra's Port Arthur LNG Phase 2 development project in Texas, it added.
Sempra Infrastructure CEO Justin Bird said the company remains focused on advancing its Port Arthur LNG Phase 2 development project to a final investment decision.
The project has received all its key permits and is expected to include two liquefaction trains capable of producing about 13 Mtpa of LNG, the companies said in a statement.
The Port Arthur LNG Phase 1 project, which is currently under construction, is expected to achieve commercial operation in 2027 and 2028 for trains 1 and 2, respectively.
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