Sempra Infrastructure reported the first phase of its Port Arthur LNG project has reached its required offtake subscription for a final investment decision (FID) after it inked another long-term agreement with a European firm. Polish refiner PKN Orlen SA signed a 20-year sales and purchase agreement (SPA) for 1 million metric ton/year (mmty) of liquefied…
Polish Oil and Gas Co.
Articles from Polish Oil and Gas Co.
ConocoPhillips Lands 5 MMty of Offtake, 30% Port Arthur LNG Stake in Sempra Agreement
Sempra Infrastructure has formalized an agreement with ConocoPhillips, giving the independent 5 million metric tons/year (mmty) of offtake and a 30% stake in its planned Texas export project east of Houston. The subsidiary of San Diego-based Sempra disclosed Tuesday that it executed a 20-year sales and purchase agreement (SPA) with ConocoPhillips for supply from Port…
Equinor, Poland Sign Natural Gas Supply Deal Ahead of Baltic Pipe Start-Up
As European governments continue to investigate the damage to the Nord Stream systems and the possible end to Russian natural gas imports, the Baltics celebrated a new pipeline and pathway for Norwegian supply. Equinor ASA has signed a long-term sales agreement to deliver additional natural gas supplies to Poland via the Baltic Pipe system, which…