With liquefied natural gas (LNG) contracts that are essentially take or pay, and a robust future renewable energy market in the West, Sempra Energy COO Neal Schmale pushed aside any concerns about delays now facing some of his company’s major energy supply projects, such as its LNG receiving terminal in North Baja California, Mexico, and Cameron, LA. Schmale expects the Costa Azul facility in Mexico that began commercial operations earlier in May to have at least 25% of its capacity used at any given time starting next year.
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Senate Passes Reliability Bill; House Wants More
The full Senate passed by unanimous consent a stand-aloneelectric reliability bill late last week, while House CommerceCommittee Chairman Thomas Bliley (R-VA) moved ahead full throttlewith plans to mark up a comprehensive power bill and bring it tothe House floor before the end of July.
July 3, 2000