RWE, Sempra Infrastructure sign 15-year agreement on LNG supplies from Texas plant

RWE Supply & Trading and Sempra Infrastructure have signed a Heads of Agreement (HoA) on supplying the portfolio of the European Utility RWE with Liquefied Natural Gas (LNG) from the Port Arthur LNG project in Texas, US.

Report informs via foreign media that the terms contemplate negotiations and finalisation of a definitive 15-year supply and purchase contract for approximately 2.25 million tonnes per year of LNG.

The volumes will be delivered at the US coast and can be shipped by RWE to any location in the world – as an example to the planned LNG import facilities in Germany.