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2019-05-22 10:45:00

SEMPRA ENERGY, SAUDI ARAMCO LNG

SEMPRA ENERGY, SAUDI ARAMCO LNG

SEMPRA ENERGYSempra Energy (NYSE:SRE) and Saudi Aramco  announced their respective subsidiaries, Sempra LNG and Aramco Services Company, have signed a heads of agreement (HOA). The HOA anticipates the negotiation and finalization of a definitive 20-year liquefied natural gas (LNG) sale-and-purchase agreement (SPA) for 5 million tonnes per annum (Mtpa) of LNG offtake from Phase 1 of the Port Arthur LNG export project under development. It also includes the negotiation and finalization of a 25% equity investment in Phase 1 of Port Arthur LNG.

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SEMPRA ENERGY, SAUDI ARAMCO LNG
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Tags: SEMPRA ENERGY, SAUDI ARAMCO, LNG
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SEMPRA ENERGY, SAUDI ARAMCO LNG
2020, July, 10, 11:19:00
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