SPOTLIGHT | PORT ARTHUR LNG PHASE 1
SPOTLIGHT | PORT ARTHUR LNG PHASE 1
Executing on key workstreams to reach targeted FID in Q1-2023
PORT ARTHUR LNG PHASE 12
PHASE 1
Project Details
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Targeting FID Q1-2023
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EPC Contract with Bechtel for $10.5B³
Long-term Offtake ~10 Mtpa
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Value Proposition
1
Phase 1 permitted with FERC Order + DOE
Export permits
Targeting high-quality recurring cash flows.
from long-term contracts
Robust customer interest in Phase 1+2
Project strategically located on Gulf Coast
Access to attractive natural gas supply
PHASE 1
HOAs: ConocoPhillips, RWE, PGNiG, INEOS
Key Workstreams
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Executed final EPC contract with Bechtel³
Working to convert HOAs into SPAS
Launching project-level debt + equity
1.
The ability to complete major development and construction projects is subject to a number of risks and uncertainties. Projected capacities represent 100% of the project, not Sempra's
ownership share. Capacities are illustrative and approximate.
2. Image is illustrative, represents project at potential completion for Phase 1 and Phase 2.
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Contract price is subject to adjustment. Please see the Current Report on Form 8-K filed by Sempra with the SEC on October 20, 2022 for more information.
The current HOA arrangements do not commit any party to enter into definitive contracts, which are subject to negotiation. INEOS' HOA provides Sempra Infrastructure the opportunity to
allocate volumes between Cameron LNG Phase 2 and Port Arthur LNG Phase 1.
SEMPRA
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