An export project in Port Arthur would add to Sempra's roster of LNG terminals in the U.S. and Mexico
“We really think there is a strategic advantage at Port Arthur,” Martin said. “We’ve got 3,000 acres of frontage on the waterway there, roughly three miles of access to water.” Port Arthur also has the potential, Martin said, to manage as many as eight production units — called “trains” in the parlance of the industry — of natural gas.
a non-binding agreement to take a 30 percent equity investment in Port Arthur and contract for 5 million metric tons of LNG per year during the first phase of the proposed project’s operations.to build Phase 1 of the facility, should the deal move forward. Martin said projects of Port Arthur’s size would take about 50 to 55 months to complete.
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