Cameron LNG to Export More to Non-FTA Countries
- Business & Finance
Cameron LNG has received authorization from the US Department of Energy (DOE) to export an additional 1.41 billion cubic feet of natural gas per day (Bcfd) from its proposed Louisiana liquefaction expansion project to countries that do not have a free-trade agreement (FTA) with the US, according to Sempra Energy.
With this order, Cameron LNG’s export capacity will be 24.92 million tons per annum or 3.53 Bcfd.
Earlier in 2016, Cameron LNG received approval from the Federal Energy Regulatory Commission to site, construct and operate the proposed expansion project, which will include liquefaction trains 4 and 5 and the containment LNG storage tank No. 5. The expansion project will be located next to the Cameron LNG terminal and liquefaction facilities that were approved for the construction in Hackberry in 2014.
The proposed expansion project is subject to completing the required commercial agreements, securing all necessary consents and approvals, obtaining financing and reaching a final investment decision, among other things, Sempra Energy said.
Construction of the first phase of the USD 10 billion project is currently underway and the facility is expected to commence operations during 2018, with the first full year of operations in 2019.
Cameron LNG Holdings, LLC is a joint venture owned by affiliates of Sempra Energy, ENGIE, Mitsui & Co., and Japan LNG Investment, LLC, a joint venture formed by affiliates of Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha, and comprises the Cameron LNG liquefied natural gas (LNG) receipt terminal in Hackberry, and the construction and operation of the liquefaction export facilities.