TransCanada places in service feed-gas pipeline for Sempra’s Cameron LNG plant in Louisiana
TransCanada Corp., the North American pipeline company, said its Cameron Access project has been placed into service in southwest Louisiana, securing deliveries of natural gas to the Cameron LNG export plant being developed by Sempra Energy of the US and partners.
Most powerful woman in LNG industry Debra Reed to step down as Sempra's supremo
Sempra Energy supremo Debra L. Reed, the most powerful woman in LNG and the US utilities industry, plans to step down at the end of the year after a 40-year career that included leading two LNG export and liquefaction projects in the US and Mexico near to their fruition.
Texas regulators approve ownership of Oncor by LNG export plant developer Sempra Energy
Sempra Energy, the owner of LNG facilities in Louisiana and Mexico, said the Public Utility Commission of Texas had approved an order authorizing the joint change-in-control application filed by Oncor Electric Delivery Co to be taken over by Sempra.
Sempra buys Texas utility
Aug 21 (LNG) - Sempra Energy, the California-based utility and developer of the Cameron LNG export plant in Louisiana, has signed an agreement to acquire Energy Future Holdings Corp., the indirect owner of 80 percent of Oncor Electric Delivery Company (Oncor), operator of the largest electric transmission system in Texas. Sempra said it would pay around $9.45 billion in cash to acquire Energy Future and its ownership in Oncor, while taking a major step forward in resolving Energy Future's long-running bankruptcy case. “It is important for Oncor to remain financially strong,” said Debra L. Reed, Chairman, President and Chief Executive of Sempra. “Our proposal will help bring a satisfactory resolution to Energy Future's bankruptcy case, keep Oncor financially strong, and protect Oncor customers, while addressing the needs of Texas regulators,” added Reed.
US Cameron LNG developer Sempra expects $11Bln in income as second plant also advances
Sempra Energy, developer of the US Cameron LNG export project in Louisiana, said the venture would likely generate a “mountain of cash” for the company, amounting to at least $11 billion, while it was also moving forward with a second plant in Texas.
US Cameron LNG export project in Louisiana may come on stream later than expected
Sempra Energy, the California utility and liquefied natural gas developer, said its Cameron LNG export project in Louisiana was facing construction delays because of heavy rains affecting work schedules and flooding at the fabrication yard near the Louisiana city of Baton Rouge.
