Sidley Represents INEOS in Long-term Sales and Purchase Agreement for 1.4mtpa LNG from Sempra Infrastructure

Sidley represented INEOS Energy Trading Limited (“INEOS”) in a 20-year contract with Sempra Infrastructure for the supply of approximately 1.4 million tonnes per annum (mtpa) of Liquified Natural Gas (LNG) from Phase 1 of the Port Arthur LNG facility under development in Texas.

Under the agreement, INEOS has agreed to purchase approximately 1.4 mtpa and has also signed a non-binding heads of agreement (HOA) for the potential purchase of an additional 0.2 mtpa from the Port Arthur LNG Phase 2 project under development. The first deliveries are expected in 2027.

The team was led by partner Brian Bradshaw, with assistance from Sarah Tucker and Maegan Quejada.