LNG

May 5 (LNGJ) - Sempra Natural Gas earnings were $2 million in the first quarter of 2015 compared with $9M in the first quarter 2014 due primarily to lower LNG earnings resulting from lower prices and LNG liquefaction development expenses, the San Diego, California-based company said. Sempra leads the Cameron LNG export project in Louisiana, owns the Costa Azul LNG import terminal on the Pacific coast of Mexico and is developing a liquefaction project in Mexico with state-owned Pemex. Parent company Sempra Energy reported first-quarter earnings of $437M compared with $247M in the year-ago quarter. "Our strong first-quarter operating results keep us on track to meet both our growth expectations and our 2015 adjusted earnings guidance," said Debra L. Reed, Chief Executive of Sempra.