Natural gas midstream giant Williams has reached a tentative agreement with Sempra Infrastructure to buy 3 million metric tons/year (mmty) of LNG and develop pipeline projects to feed growing exports from the Gulf Coast. 

The companies signed a non-binding heads of agreement (HOA) to negotiate the terms of two 20-year agreements for Williams to purchase liquefied natural gas from the Port Arthur LNG project in Texas and the Cameron LNG Phase 2 expansion project. Williams would market those volumes internationally. 

Williams also would sell 500 MMcf/d to Sempra at the Gillis interconnect in Louisiana for use as feed gas at the terminals. Additionally, the HOA outlines plans for the companies to form a joint venture to own and operate the existing 2.35 Bcf/d Cameron Interstate...