Sempra (SRE) Adds a 20-Year LNG Agreement. How Much Commercial Risk Does it Remove?
Sempra (NYSE:SRE) added a long-term customer commitment on September 14, when its infrastructure subsidiary announced a 20-year sales and purchase agreement with Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR). The agreement covers approximately 0.8 million tonnes annually of liquefied natural gas, or LNG. Supply will come from the subsidiary’s contracted liquefaction capacity at Port Arthur LNG […]
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