Cameron

Natural gas futures extended their losses on Monday, with prices tumbling by double digits amid light weather demand and lofty production that has held near the century mark despite maintenance events that have curtailed output. The June Nymex gas futures contract settled 18.5 cents lower at $2.400/MMBtu. July futures dropped 15.6 cents to $2.551. At…

Sempra Infrastructure could delay a final investment decision (FID) to expand the Cameron LNG facility in Louisiana to avoid further impacts from a mounting labor and supply crunch for projects on the Gulf Coast. The liquefied natural gas infrastructure unit of San Diego-based Sempra had been targeting the completion of a competitive front-end engineering and…

The Federal Energy Regulatory Commission has authorized Sempra Infrastructure’s amended design for the expansion of its Cameron LNG facility as the firm aims for a final investment decision (FID) this summer for the project. In early 2022, Sempra filed a request to amend the approval for its proposed 6.75 million metric tons/year expansion of the…

A group of Japanese firms, including some of the largest buyers of LNG, agreed to study the production and export of hydrogen blended with carbon dioxide (CO2) in Texas and Louisiana. Mitsubishi Corp., Osaka Gas Co. Ltd., Toho Gas Co. Ltd. and Tokyo Gas Co. Ltd. have disclosed an agreement to explore a U.S.-based supply…

Riding the wave of strong U.S. natural gas demand and project development milestones, Sempra management reported it is now targeting a final investment decision (FID) for its Port Arthur LNG project during 1Q2023 and is currently marketing its proposed expansion. San Diego-based Sempra’s liquefied natural gas subsidiary, Sempra Infrastructure, has been developing the project southeast…

Sempra Infrastructure has announced an initial deal with existing equity partnerships to curb emissions at its Cameron liquefied natural gas (LNG) terminal and potentially build a carbon capture hub in coastal Louisiana. The subsidiary of San Diego-based Sempra said Monday it had secured a participation agreement with TotalEnergies, Mitsui & Co. and Mitsubishi Corp. to…

TotalEnergies SE leveraged its globally integrated liquefied natural gas (LNG) portfolio last year to capitalize on soaring commodity prices and turn in what management said were historic financial results.  “We went from I would say the historic bottom in terms of results last year…to record results and cash flows in 2022,” said CEO Patrick Pouyanné.…

A liquefied natural gas (LNG) tanker is berthed at Sempra Energy’s Cameron LNG in Louisiana after arriving on Sunday more than 40 days after the facility received its last vessel. The SK Audace is berthed at the terminal, according to ClipperData. The last vessel to arrive there was the Diamond Gas Rose on Aug. 23,…

A roundup of news and commentary from NGI’s LNG Insight Feed gas deliveries to Sabine Pass and Cameron LNG terminals were still near zero after Hurricane Laura, dragging down prompt U.S. gas prices as restart timelines remained unclear. “The main issue at this point is the timeframe for restoring power” at the terminals, said EBW…