On August 27, 2025, EQT Corporation signed a 20-year agreement with Sempra Infrastructure to purchase 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from the Port Arthur LNG Phase 2 project in Texas. The contract is structured on a free-on-board basis, linked to the Henry Hub index, and provides the commercial certainty needed for Sempra to move toward a final investment decision on the project later in 2025.
The agreement builds on a growing portfolio of long-term commitments supporting Port Arthur’s expansion. Sempra has already secured offtake contracts with ConocoPhillips for 4 Mtpa and Japan’s JERA for 1.5 Mtpa. Together, these deals underpin plans to add two new liquefaction trains that would expand the facility’s capacity from 13 Mtpa under Phase 1 to as much as 26 Mtpa once Phase 2 is completed.
For EQT, the deal provides a reliable international outlet for its Appalachian natural gas production, while for the U.S. it strengthens its position as a leading global LNG exporter. As energy security and decarbonization shape global markets, the Port Arthur Phase 2 project demonstrates how U.S. LNG infrastructure is aligning with both commercial demand and geopolitical strategy, offering stable long-term supply to international partners.