Cameron

San Diego-based Sempra Energy executives on Tuesday assured analysts during a 4Q2018 conference call that the Cameron, LA, liquefied natural gas (LNG) export project should begin operations this year.

Sempra Energy subsidiaries have clinched heads of agreements (HOA) with Total SA, Mitsui & Co. Ltd. and Tokyo Gas Co. Ltd. to take capacity from Phase 1 of the proposed Energia Costa Azul (ECA) natural gas export project in Baja California, Mexico.

Total SA, which is building out liquefied natural gas (LNG) stakes along the Gulf Coast, has entered a memorandum of understanding (MOU) to help Sempra Energy develop the Cameron, LA, facility, as well as the proposed Energia Costa Azul (ECA) project in Mexico.

San Diego-based Sempra Energy senior executives on Monday expressed confidence the holding company’s more focused strategy emphasizing U.S. and Mexico natural gas infrastructure assets will win over skeptics and help ride out the impairments tied to the sale of renewable energy and Gulf Coast storage projects.

France’s Total SA is joining the ranks of the biggest liquefied natural gas (LNG) operators in the world after agreeing Wednesday to buy Engie’s portfolio in a transaction worth up to $2 billion.

The pending $9.45 billion acquisition of the parent for Texas-based Oncor Electric Delivery Co. would help natural gas-focused Sempra Energy double down on its efforts to become a major player on the Gulf Coast, adding to liquefied natural gas (LNG) and Mexico opportunities, CEO Debra Reed said Monday.

The first liquefied natural gas (LNG) exports from Sempra Energy’s Cameron, LA, facility have been pushed to 2019 because of issues related to engineering, procurement and construction (EPC), executives said Friday.

For a second consecutive month, the Energy Information Administration’s (EIA) has lowered its natural gas price forecast, saying it expects Henry Hub spot prices to average $3.10/MMBtu this year and $3.40/MMBtu next year.

The U.S. Department of Energy (DOE) has approved a long-term application to export liquefied natural gas (LNG) from the Delfin LNG LLC project, which would be the nation’s first offshore liquefaction project.