Sempra Infrastructure and a unit of UK’s Ineos Group Ltd. have inked a long-term sales and purchase agreement (SPA) for 1.4 million metric tons/year (mmty)  of LNG from the proposed Port Arthur export project southeast of Houston. 

The liquefied natural gas arm of San Diego-based Sempra said Ineos agreed to a 20-year SPA, formalizing a tentative agreement earlier in the year. It also confirmed an additional heads of agreement with Ineos to potentially purchase 0.2 mmty from a second phase of the facility planned in Jefferson County.

Ineos, a large industrial gas user and the fourth largest global chemical company, is planning to use its offtake from Port Arthur LNG as an entry point into global gas trading, especially in Europe, according to management. In July, the group...