The INEOS deal also demonstrates that some European buyers can still be tempted into...
. The partnership gave Sempra a firmer foundation for building the first phase of its 13.5 million metric ton facility in Port Arthur.
The INEOS deal also demonstrates that some European buyers can still be tempted into long-term contracts with gas projects along the Gulf Coast. Deal-making with European buyers has been slow compared to Asian counterparts as Europe grapples with how to meetThe British company said its deal with Port Arthur LNG will help it “deliver cleaner and reliable energy to our businesses and customers.”
“We look forward to advancing this project so we can begin delivering new supplies of U.S. LNG to our European partners, as they pursue more secure energy for their customers,” said Sempra CEO Justin Bird. Sempra said it expects to reach a final investment decision, which is a precursor to construction, during the first quarter of next year. It aims to launch the facility in 2027.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Space Age Prophet: How Much Did Arthur C. Clarke Get Right?Arthur C. Clarke is often referred to as a prophet, but exactly how accurate were his futuristic predictions?
Read more »
Guest Columnist Arthur I. Cyr: A blocked Florida law and attempts to dictate expressionGuest Columnist Arthur I. Cyr: Florida Republicans, including Gov. Ron DeSantis, have just won big in the election but also suffered a major loss in court.
Read more »
Activists are trying to bully companies, citizens into their culture war, says Arthur BrooksArthur Brooks, American Enterprise Institute president and Harvard professor, joins CNBC's 'Squawk Box' to discuss Elon Musk's management of Twitter and the social media company's impact on discourse in America.
Read more »
Hindu group to march for Adani port project in India amid Christian protestsHindu United Front, a group close to India's ruling party, will march today in support of a $900 million port project by the Adani Group which has been stalled by Christian protesters, as tensions rise after clashes in which 80 people were injured
Read more »
Shipment Of 15 BYD K6 Electric Buses For BasiGo Arrives Into Port Of Mombasa, Kenya15 BYD K6 electric buses arrived in Mombasa yesterday on the ship Morning Christina. This is the largest ever shipment of electric buses in the region
Read more »
$8.3 million in meth seized at Laredo port of entryU.S. Customs and Border Protection officers at a Laredo port of entry seized $8.3 million of methamphetamine.
Read more »