Port Arthur LNG Phase 2 is jointly owned by Sempra Infrastructure and an investor consortium led by Blackstone Credit & Insurance, together with KKR, Apollo-managed funds and private credit at Goldman Sachs Alternatives. The project is subscribed with long-term sales and purchase agreements with ConocoPhillips as an anchor and high-quality counterparties EQT, JERA and Sempra Infrastructure Partners.
Port Arthur LNG Phase 2 is designed to include two liquefaction trains and associated facilities. The expansion will enable the export of 13 million tonnes per annum (Mtpa) of LNG to customers around the globe, doubling the terminal’s export capacity to 26 Mpta. The total capital expenditure for Phase 2 is estimated at $14 billion.
Port Arthur LNG Phase 2 will help meet demand for U.S. LNG in European, Asian and other global markets.
