EQT Inks 20-Year LNG Supply Deal with Sempra’s Port Arthur Phase 2

Sempra Infrastructure and EQT have signed a 20-year deal for 2 MTPA of LNG from Port Arthur LNG Phase 2 in Texas, advancing the $13 MTPA expansion project.

(P&GJ) — Sempra Infrastructure and EQT Corporation have signed a 20-year sales and purchase agreement (SPA) for 2 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from the proposed Port Arthur LNG Phase 2 project in Jefferson County, Texas.

Under the agreement, EQT will purchase LNG on a free-on-board basis at a price linked to Henry Hub.

"Advancing the Port Arthur LNG Phase 2 project with EQT reflects our mutual commitment to helping ensure U.S. natural gas projects continue to support local economic development and provide global markets with a stable, long-term supply of LNG," said Justin Bird, CEO of Sempra Infrastructure.

EQT President and CEO Toby Z. Rice added: "This agreement underscores EQT's role in unleashing U.S. LNG that enhance global energy security while driving progress toward lower-carbon solutions. We are proud to partner with Sempra Infrastructure on this critical project, helping further the quest to ensure American energy dominance."

The Port Arthur LNG Phase 2 expansion is expected to include two liquefaction trains with capacity of 13 MTPA, doubling the site’s total capacity to 26 MTPA. Phase 1, currently under construction, is scheduled for commercial operations in 2027 and 2028.

Sempra has already secured long-term offtake agreements for Phase 2 with JERA Co., Inc. (1.5 MTPA) and ConocoPhillips (4 MTPA). The project has regulatory approvals from the Federal Energy Regulatory Commission (2023) and the U.S. Department of Energy (2025) and is targeting a final investment decision later this year. Bechtel has been selected as the EPC contractor.