LNG

Sempra's Energía Costa Azul (ECA) LNG terminal has received its first feedgas with a view to start LNG production this spring. The Pacific-facing terminal is targeting Asian markets, with offtake by TotalEnergies and Mitsui supporting Phase 1 project economics.

Deal-making in the US shale gas sector has spiraled as Asian buyers seek to secure reliable feedstock for LNG offtake. More than $28 billion worth of gas and LNG assets are currently up for sale.