Riding the wave of strong U.S. natural gas demand and project development milestones, Sempra management reported it is now targeting a final investment decision (FID) for its Port Arthur LNG project during 1Q2023 and is currently marketing its proposed expansion.

San Diego-based Sempra’s liquefied natural gas subsidiary, Sempra Infrastructure, has been developing the project southeast of Houston for several years as a part of its growing list of proposed export projects in the United States and Mexico. 

After a series of FID setbacks since 2020, Sempra CEO Jeffrey Martin said the firm has made “significant progress on advancing development at Port Arthur LNG” and is nearing the next step in its development.

[Want to know how global LNG demand impacts North American...