ConocoPhillips signs 20-year LNG deal for 4 million tonnes annually
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ConocoPhillips further expands LNG business with additional Gulf Coast offtake agreement
August 21, 2025 8:30 AM EDTHOUSTON--(BUSINESS WIRE)-- ConocoPhillips (NYSE: COP) today announced it has signed a long-term sales and purchase agreement (SPA) to purchase 4 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from the Port Arthur LNG Phase 2 project under development by Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE), in Jefferson County, Texas.
Under the agreement, ConocoPhillips will offtake LNG over a 20-year term on a free-on-board basis, supporting the companys ability to reliably deliver natural gas to customers in key global markets.
ConocoPhillips is pleased... More
