Sempra

Asian and European buyers of liquefied natural gas (LNG) are continuing the trend of snapping up long-term offtake agreements in a bevy of deals this week. Sempra Infrastructure said Wednesday it has reached a preliminary agreement with a subsidiary of Germany utility RWE AG.  The San-Diego-based energy company’s LNG arm could deliver 2.25 million metric…

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…

Sempra Infrastructure said Monday it has entered a heads of agreement with Polish Oil and Gas Co. (PGNiG) to supply 3 million metric tons/year (mmty) of liquefied natural gas (LNG) from its North American export projects.  Sempra said the non-binding agreement paves the way for it to negotiate 20-year deals to supply PGNiG with 2…

As the invasion of Ukraine fuels record prices for U.S. liquefied natural gas (LNG), Sempra plans to hold steady on prioritizing long-term contracts and equity partnerships, which management said have become more important during the conflict. The Sempra Infrastructure Partners subsidiary of the San Diego-based energy company has a hefty list of proposed and sanctioned…

Sempra Infrastructure’s proposed natural gas storage and distribution project in Louisiana could be built with limited impacts to the environment, according to analysis from FERC. In a final environmental impact statement (FEIS) published last week, Federal Energy Regulatory Commission environmental staff concluded that most of the impacts during construction “would be temporary or short-term” (No.…

Sempra Infrastructure announced a bevy of development agreements Monday, including expanding its Cameron liquefied natural gas (LNG) terminal on the Gulf Coast with the help of existing partners. The affiliate of San Diego-based Sempra secured a heads of agreement (HOA) with TotalEnergies, Mitsui & Co. and Japan LNG Investment LLC to develop a fourth liquefaction…

Sempra Infrastructure and TotalEnergies SE are expanding their “strategic alliance” in North American energy with two agreements, one involving liquefied natural gas (LNG) exports and the other for offshore wind. In the memoranda of understanding (MOU) announced Thursday, the San Diego-based unit of Sempra and the French major TotalEnergies outlined partnerships that intertwine their interests…

Sempra has agreed to sell a 10% non-controlling interest in Sempra Infrastructure Partners, which holds its liquefied natural gas (LNG) assets in North America, to the Abu Dhabi Investment Authority (ADIA) for $1.785 billion. “…As an investor with a global footprint, we expect ADIA will help our team build out a growth platform with an…

Though still early for a full assessment of former Hurricane Ida, natural gas futures traders on Monday focused squarely on the destruction of natural gas demand brought about by the catastrophic Category 4 storm. The October Nymex gas futures contract, on its first day in the prompt position, settled at $4.305, off 8.3 cents from…