Conocophillips and sempra infrastructure sign heads of agreement for large-scale lng projects and carbon capture activities

Houston--(business wire)--conocophillips (nyse: cop) today announced a potentially significant expansion of its global liquefied natural gas (lng) business through investment in a new large-scale lng facility under development by sempra infrastructure, a subsidiary of sempra (nyse: sre) (bmv: sre), in jefferson county, texas. conocophillips has entered into a heads of agreement (hoa) with sempra to acquire a 30% direct equity holding in port arthur liquefaction holdings, llc and an lng offtake
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