The expansion includes two liquefaction trains, an LNG storage tank and related infrastructure, with commercial operation of the trains expected to begin in 2030 and 2031. The project’s capital expenditure is estimated at USD 12 billion, with an additional USD 2 billion allocated for shared common facilities.
ConocoPhillips has signed a long-term sales and purchase agreement (SPA) to purchase 4 million tonnes per annum (MMtpa) of liquefied natural gas (LNG) from the Port Arthur LNG Phase 2 project under development by Sempra Infrastructure.