Sempra's final contract to build Port Arthur LNG project totals ~.5B (NYSE:SRE)
posteriori/E+ via Getty Images Sempra (NYSE:SRE) said Thursday that Port Arthur LNG and Bechtel have amended the engineering, procurement and const...
posteriori/E+ via Getty Images Sempra (NYSE:SRE) said Thursday that Port Arthur LNG and Bechtel have amended the engineering, procurement and construction contract for the proposed Phase 1 liquefaction project in Texas, which includes an updated price of ~$10.5B. Port Arthur LNG Phase 1 is permitted and expected to include two natural gas liquefaction trains and liquefied natural gas storage tanks, and associated facilities capable of producing as much as 13.5M metric tons/year of LNG; a similarly sized Port Arthur LNG Phase 2 project is under active marketing and development.