ConocoPhillips signs LNG offtake agreement for Port Arthur Phase 2 project

Summary

ConocoPhillips has signed a long-term sales and purchase agreement to offtake 4 million tonnes per annum of LNG from the Port Arthur LNG Phase 2 project in Texas. This agreement will last for 20 years and supports ConocoPhillips' strategy to enhance its global LNG portfolio. The final investment decision for Phase 2 is still pending.

Recent Coverage

• ConocoPhillips further expands LNG business with additional Gulf Coast offtake agreement

  ConocoPhillips Press Releases • Aug 21