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MIDSTREAM proposed Phase 1 liquefaction project under Arthur LNG Project with the signing of a
development in Jefferson County, Texas. The series of non-binding agreements with the
Shell USA completes amended contract includes an updated price Polish Oil & Gas Company (PGNiG), RWE
Supply & Trading, INEOS Energy Trading
of approximately $10.5bn.
acquisiton of Shell with Bechtel. The execution of the final and ConocoPhillips.
“We are excited to achieve this milestone
Development of Phase 1 and Phase 2 of
Midstream Partners contract is a critical step in advancing Phase 1 the Port Arthur LNG project is contingent
of Port Arthur LNG toward a final investment
upon completing the required commercial
Shell USA and Shell Midstream Partners decision,” said Justin Bird, CEO of Sempra agreements, securing all necessary permits,
(SHLX) today announced the completion Infrastructure. “Based on robust customer obtaining financing, and reaching an
of the transactions contemplated by the interest, we know that Port Arthur LNG is affirmative final investment decision, among
previously announced agreement and plan highly attractive to the global market and we other factors.
of merger, pursuant to which Shell USA look forward to providing customers with SEMPRA INFRASTRUCTURE, October 20, 2022
acquired all of the common units representing access to secure, abundant and reliable US
limited partner interests in SHLX not held LNG.”
by Shell USA or its affiliates for $15.85 per “We are delighted to continue our ENERGY TRANSITION
public common unit in cash and a total value partnership with Sempra Infrastructure to
of approximately $1.96bn. As a result of the deliver cleaner and more affordable energy Air Liquide, Chevron,
transaction, SHLX is now an indirect, wholly to communities around the world. Alongside
owned subsidiary of Shell USA. Sempra Infrastructure, Bechtel is ready to LyondellBasell and Uniper
Effective with the opening of markets continue active construction in the Gulf Coast
today, SHLX’s units will no longer be listed and bring more opportunities to the local to pursue lower-carbon
on the New York Stock Exchange, and it will region,” added Paul Marsden, president of
cease to be a publicly traded company. Bechtel Energy. hydrogen and ammonia
SHELL USA, October 19, 2022 Under the EPC contract, Bechtel
will perform the detailed engineering, project along the US Gulf
procurement, construction, commissioning,
SERVICES startup, performance testing and operator Coast
training activities for Phase 1 of the project.
Sempra Infrastructure is permitted and expected to include two Air Liquide, Chevron, LyondellBasell and
The Port Arthur LNG Phase 1 project
Uniper SE have announced their intent to
announces final EPC natural gas liquefaction trains and LNG collaborate on a joint study that will evaluate
and potentially advance the development
storage tanks, and associated facilities capable
contract with Bechtel for of producing, under optimal conditions, up of a hydrogen and ammonia production
to approximately 13.5 million tonnes per
facility along the US Gulf Coast. The facility
Port Arthur LNG annum of LNG. A similarly sized Port Arthur could support industrial decarbonisation
and mobility applications in the region and
LNG Phase 2 project is also competitively
Sempra Infrastructure, a subsidiary of Sempra, positioned and under active marketing and expand clean ammonia exports, helping to
today announced that Port Arthur LNG and development. increase the supply of lower-carbon power
Bechtel Energy have amended and restated Earlier this year, Sempra Infrastructure internationally.
the fixed-price engineering, procurement announced the substantial completion of The potential project to be studied is
and construction (EPC) contract, for the marketing for Phase 1 of the proposed Port intended to cover the end-to-end energy

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