Sempra delays FID on Port Arthur LNG to 2022

Sempra Energy will delay final investment decision (FID) on its 11-million tonne/year (tpy) Port Arthur LNG plant into 2022. The company’s most recent plans expected FID this year (OGJ Online, May 4, 2020).  

The company said it needs production from the plant to be fully contracted before taking FID. The only firm deal reached so far is for 2 million tpy to Poland’ PGNiG.

Sempra and Saudi Aramco reached a tentative agreement in 2019 for the latter to take a 25% stake in the project and lift 5 million tpy, but it has yet to be finalized.

Bechtel Oil, Gas, and Chemicals Inc. has a fixed-price engineering, procurement, and construction contract to build the plant on a site in Jefferson County, Tex.