Sempra Infrastructure, a unit of Sempra (SRE), and EQT (EQT) announced a 20-year definitive sales and purchase agreement for the supply of 2 million tonnes per annum of liquefied natural gas offtake from the Port Arthur LNG Phase 2 development project in Jefferson County, Texas. EQT will purchase the LNG on a free-on-board basis at a price indexed to Henry Hub.
Port Arthur LNG Phase 2 is expected to include two liquefaction trains capable of producing approximately 13 Mtpa of LNG, which could increase the total liquefaction capacity of the Port Arthur LNG facility from approximately 13 Mtpa for Phase 1 to up to approximately 26 Mtpa.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.