Sempra Energy’s planned portfolio of liquefied natural gas (LNG) export facilities is among the most competitive in North America, according to CEO Jeffrey Martin, who on Thursday outlined progress on the three big projects in Louisiana, Texas and Mexico.

“We think we have built a strong franchise in our LNG business, and to fund its growth needs we are focused on sourcing the lowest cost of capital to enhance value,” said Martin during a third quarter conference call. He said cash flow from the operating Cameron LNG export facility in Louisiana is expected to fund a proposed second expansion.

Given Cameron’s favorable tolling agreement, Sempra also expects no earnings impact to Cameron from the recent hurricanes that stormed into Louisiana, said CFO Trevor...