ConocoPhillips to acquire 30% stake in Sempra’s Port Arthur LNG project
ConocoPhillips will take a 30% direct equity stake in Sempra Energy’s Port Arthur liquefied natural gas (LNG) plant, the U.S. oil and gas producer said on Thursday, expanding its LNG business as demand for the fuel skyrockets. ConocoPhillips also signed an LNG offtake agreement with Sempra for around 5 million tonnes per annum of the […]
ConocoPhillips to acquire 30% stake in Sempra’s Port Arthur LNG project
ConocoPhillips will take a 30% direct equity stake in Sempra Energy’s Port Arthur liquefied natural gas (LNG) plant, the U.S. oil and gas producer said on Thursday, expanding its LNG business as demand for the fuel skyrockets. ConocoPhillips also signed an LNG offtake agreement with Sempra for around 5 million tonnes per annum of the […]