ConocoPhillips has executed a 20-year Sale and Purchase Agreement to buy more than 5 million tonnes per annum (Mtpa) of liquified natural gas from Sempra Infrastructure’s Port Arthur LNG project in Southeast Texas.
California-based Sempra Infrastructure, a subsidiary of Sempra, and ConocoPhillips announced the companies are moving forward with the plans they originally announced in July.  
“We are excited to partner with Sempra, and our participation in the Port Arthur LNG will further enhance our portfolio as we continue to respond to global demand for reliable supply of natural gas,” Ryan Lance, chairman and CEO of ConocoPhillips, said on Tuesday in a news release. “Sempra has a demonstrated track record and shares our commitment to a lower-carbon future.”…