Aramco, Sempra pen non-binding Port Arthur LNG supply deal

Sempra and Saudi Aramco have penned a non-binding Heads of Agreement for a 20-year SPA for LNG offtake of 5 million tonnes per annum from the Port Arthur LNG Phase 2 expansion project. The HoA further contemplates Aramco's 25% participation in the project-level equity of Phase 2.The parties...