Sempra LNG, Saudi Aramco sign IPPA for Port Arthur LNG

Capt. John

On 6 January, Sempra LNG along with Aramco Services Company officially announced their collaboration, as they inked an interim project participation (IPPA) for the Port Arthur LNG export project  which is under development in Jefferson County, Texas.

The IPPA came to follow a heads of agreement (HOA) that both companies have signed in last May, which indicates the purchase of five million tonnes per annum (Mtpa) of LNG and a 25% equity investment in Phase 1 of Port Arthur LNG.

Through the...

https://safety4sea.com/sempra-lng-saudi-aramco-sign-ippa-for-port-arthur-lng/

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