Sempra Reaches FID on $13 Billion Port Arthur LNG Project

March 22, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Sempra Energy (NYSE:SRE) (San Diego, California) announced Tuesday it has reached a positive final investment decision for the first phase of its liquefied natural gas (LNG) project in Port Arthur, Texas, which already has a number of binding long-term offtake agreements in place. Sempra estimates the project's total capital expenditures to be $13 billion.