Petrobras signs 20-year LNG supply deal with Sempra's Port Arthur terminal

Petrobras has signed a 20-year contract to purchase 0.8 mtpa of LNG from Sempra Infrastructure's Port Arthur terminal in Texas, with supply starting at an unspecified date. This long-term agreement secures a stable LNG source for Brazil, diversifying its energy imports and locking in supply amid global LNG market volatility. The deal underscores growing U.S. LNG export capacity and Brazil's increasing reliance on imported gas.