Sempra asks U.S. for more time to complete Louisiana Cameron LNG export plant

Chiyoda

22/05/2019 19:42

May 22 (Reuters) - U.S. energy company Sempra Energy  SRE.N 
asked U.S. energy regulators for more time to complete its $10
billion Cameron liquefied natural gas (LNG) export terminal in
Louisiana:

    * The U.S. Federal Energy Regulatory Commission (FERC)
approved construction of three liquefaction trains at Cameron on
June 19, 2014. That order required the project be completed
within five years.
    * Sempra said the first train at Cameron started producing
LNG earlier in May and is expected to export its first cargo in
coming weeks.
    * The company has said Cameron Trains 2 and 3 will enter
service in the first and second quarters of 2020. 
    * Sempra asked FERC for a 15-month extension to put the full
plant into service until Sept. 19, 2020.
    * Separately, Saudi Aramco signed a 20-year agreement on
Wednesday to buy LNG from Sempra's proposed Port Arthur LNG
export plant in Texas.  urn:newsml:reuters.com:*:nL5N22Y172
     * The first three trains at Cameron will produce about 12
million tonnes per annum (MTPA) of LNG, or roughly 1.7 billion
cubic feet per day (bcfd) of natural gas. One billion cubic feet
of gas is enough to fuel about 5 million U.S. homes for a day.
    * Cameron is jointly owned by affiliates of Sempra, Total SA
 TOTF.PA , Mitsui & Co Ltd  8031.T , and Japan LNG Investment
LLC, a company jointly owned by Mitsubishi Corp  8058.T  and
Nippon Yusen Kabushiki Kaisha (NYK)  9101.T . Sempra indirectly
owns 50.2% of Cameron.
    * McDermott International Inc  MDR.N  and Chiyoda Corp
 6366.T  are the lead contractors at Cameron.
    * Sempra has a long-term goal of exporting 45 MTPA of North
American LNG and is developing a second two-train phase at
Cameron, the Port Arthur LNG export terminal in Texas and plans
to add export facilities in two phases at its existing Costa
Azul LNG import terminal in Baja California in Mexico.

    <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Sempra on track to finish Louisiana Cameron LNG export terminal
in 2019     urn:newsml:reuters.com:*:nL1N1SE187
McDermott delays completion of U.S. Cameron LNG, speeds up
Freeport finish     urn:newsml:reuters.com:*:nL1N22C1D4
GRAPHIC-Expansion of global LNG gasification and regasification
capacity    http://tmsnrt.rs/2mtY5CY
GRAPHIC-Growing global natural gas demand    http://tmsnrt.rs/2mtP90z
FACTBOX-North American liquefied natural gas export projects   
 urn:newsml:reuters.com:*:nL1N22F0I9
UPDATE 2-Saudi Aramco inks 20-year deal with Sempra for LNG
supply     urn:newsml:reuters.com:*:nL5N22Y172
UPDATE 1-Sempra Louisiana Cameron 1 export plant produces first
LNG     urn:newsml:reuters.com:*:nL2N22Q0N4
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
 (Reporting by Scott DiSavino; Editing by Lisa Shumaker)
 ((scott.disavino@thomsonreuters.com; +1 646 223-6072; Reuters
Messaging: scott.disavino.thomsonreuters.com@reuters.net))