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Sempra Sees Investment in Mexico, Global LNG Demand Boosting North American Energy Markets

Sempra Sees Investment in Mexico, Global LNG Demand Boosting North American Energy Markets

Sempra is betting that continued global energy volatility and geopolitical tensions will strengthen North America’s key natural gas markets, supporting its investments in LNG exports and Mexico. In the San Diego-based firm’s third quarter earnings call, CEO Jeff Martin said the series of global conflicts that have impacted global markets recently have accelerated a “trend…

November 6, 2023
Sempra’s ECA and Vista Pacifico Mexico LNG Export Permits Gain Approval

Sempra’s ECA and Vista Pacifico Mexico LNG Export Permits Gain Approval

The U.S. Department of Energy (DOE) has granted Sempra Infrastructure’s request for two LNG export permits for terminal projects planned to provide a swift channel for U.S. natural gas to Asia from the Mexican Pacific Coast. Published by the DOE Tuesday, the orders expanded non-Free Trade Agreement (FTA) export volumes for Sempra’s Energia Costa Azul…

December 21, 2022
Sempra Aims for Port Arthur LNG FID Early Next Year as Offtaker Interest Grows

Sempra Aims for Port Arthur LNG FID Early Next Year as Offtaker Interest Grows

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…

November 3, 2022
Sempra Exec Says Companies ‘Staying Put’ in Mexico Due to Strong Fundamentals

Sempra Exec Says Companies ‘Staying Put’ in Mexico Due to Strong Fundamentals

Fundamentals underpinning Mexico’s natural gas and power sectors remain strong despite the government’s controversial energy policies, according to Sempra Infrastructure’s Tania Ortiz, president. The subsidiary of San Diego, CA-based Sempra is developing liquefied natural gas (LNG) export projects at two sites on Mexico’s Pacific Coast, and has played a starring role in building out the…

March 16, 2022
Sempra Seeing ‘Extremely High’ Offtaker Interest in Cameron, Vista Pacifico LNG Projects

Sempra Seeing ‘Extremely High’ Offtaker Interest in Cameron, Vista Pacifico LNG Projects

Sempra is seeing “a dramatic increase in the market interest” for its liquefied natural gas (LNG) export projects under development on Mexico’s Pacific Coast and the U.S. Gulf Coast, according to Sempra Infrastructure CEO Justin Bird. Formed in 2021, Sempra Infrastructure is tasked with developing, building and operating Sempra’s natural gas liquefaction, pipeline and storage…

March 4, 2022
Sempra’s Energia Costa Azul LNG Said ‘Prime Opportunity’ for Rockies Gas Producers

Sempra’s Energia Costa Azul LNG Said ‘Prime Opportunity’ for Rockies Gas Producers

Energy producers and advocates in the Rockies region are looking south of the border for Pacific Coast market options as the outlook for a Western U.S. export facility appears increasingly unlikely. With development of the Jordan Cove liquefied natural gas (LNG) project in Oregon on pause following regulatory setbacks, the Sempra Energy-led Energia Costa Azul…

May 28, 2021
Sempra Sees Natural Gas as World’s Most Dominant Fuel Next Decade

Sempra Sees Natural Gas as World’s Most Dominant Fuel Next Decade

California-based Sempra Energy continues to bet on Mexico even given regulatory changes that could impact the private sector’s operations in the country. “Our goal is to help Mexico be successful,” CEO Jeffrey Martin said in a fourth quarter earnings call. “They need more foreign direct investment. They have a deficit in their infrastructure.”  The administration…

February 26, 2021
ECA LNG Could Soon Move Ahead as Momentum Builds for Mexico Export Projects

ECA LNG Could Soon Move Ahead as Momentum Builds for Mexico Export Projects

The Energía Costa Azul (ECA) natural gas export project in Mexico’s Baja California has yet to receive an export approval from the Mexican government despite a new push to support the exports but sanctioning could happen later this year, Infraestructura Energética Nova (IEnova) executives said last week. The proposed two-phase liquefied natural gas (LNG) project,…

October 30, 2020
IEnova ‘Confident’ in ECA LNG Project Progress Despite Coronavirus Challenges

IEnova ‘Confident’ in ECA LNG Project Progress Despite Coronavirus Challenges

The Energía Costa Azul (ECA) natural gas export project in Mexico’s Baja California is still waiting on an export approval, Infraestructura Energética Nova (IEnova) executives said Thursday. During a second quarter earnings call, the commitment to the project was reiterated, but there was no fixed date set for when the company expected the export permit…

July 24, 2020
Energía Costa Azul FID Still Set for Second Quarter Pending Export Approval

Energía Costa Azul FID Still Set for Second Quarter Pending Export Approval

The Energía Costa Azul (ECA) liquefied natural gas (LNG) export project in Mexico’s Baja California is still set for a final investment decision this quarter pending the receipt of an export approval, Infraestructura Energética Nova (IEnova) executives said during a first quarter earnings call.

April 24, 2020
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