Sempra-led Cameron LNG in Louisiana finally asks regulators for permission to start exports
The Sempra Energy-led Cameron LNG export project in Hackberry Louisiana has formally asked the federal Energy Regulator for permission to begin the facility's first shipments of commissioning cargoes to free trade agreement countries and non-FTA states as authorized by the Department of Energy.
“Commissioning activities are progressing well for Train 1 and Cameron LNG anticipates exporting LNG produced during commissioning according to the schedule provided,” the Cameron project told the FERC.
“To meet the schedule provided, Cameron LNG is requesting authorization for the commissioning cargoes on or before May 16, 2019,” said the Sempra joint venture.
“With the first production of LNG from Train 1, Cameron LNG will file weekly commissioning reports as requested by the Commission,” the company added.
Sempra, the San Diego, California-based utility has also said it expected to begin posting earnings from the first processing Train by mid-2019.
Sempra has also increased its projected share of full run-rate earnings from the first three Trains at Cameron to be between $400 million and $450M annually, up from the previous projection of $365M to $425M.
The Cameron project’s first phase includes three Trains with export capability of almost 15 million tonnes per annum.
At least two of the three Trains are expected to be producing LNG by the end of 2019.
The Cameron project is jointly owned by Sempra, French major Total, Japanese trading house Mitsui & Co and Japan LNG Investment, a venture owned by Japan’s Mitsubishi Corp. and the shipping company Nippon Yusen Kabushiki Kaisha, known as NYK Line.
When Cameron ships its first cargo it will be the fourth US LNG export plant to begin commercial operations after Cheniere Energy’s Sabine Pass and Corpus Christi plants and Dominion Energy’s Cove Point facility.
Sempra has a strategy to achieve around 45 MTPA of LNG production by the mid-2020s through three plants it is developing, the Cameron facility, Port Arthur LNG in Texas and the Costa Azul terminal on the Pacific Coast of Mexico.
US seeks comments by July 27 on most detailed LNG export economics study ever undertaken
The US Department of Energy (DoE) is seeking public comment by July 27 on a new study on various economic outcomes for its growing liquefied natural gas exports based on supply, demand and price forecasts for the years 2020 to 2040.
US LNG data shows that Mexico, Korea and China were main importers over last two years
After two years of liquefied natural gas exports from the Sabine Pass plant in Louisiana, the top 10 recipients of cargoes have been led by Mexico with 57 shipments, South Korea with 55 cargoes, China with 42 cargoes and Japan with 21 cargoes.
Fossil Energy head
April 17 (LNGJ) - The US Department of Energy’s Office of Fossil Energy, one of the main regulatory bodies for the LNG industry, has appointed Shawn Bennett as Deputy Assistant Secretary for Oil and Natural Gas. “Bennett will administer oil and gas programs, including research and development, analysis and natural gas regulation,” said a DoE statement. Bennett has more than a decade of experience in public affairs and government relations in the coal and the oil and gas industries. “Most recently, he served as the Executive Vice President for the Ohio Oil and Gas Association, a non-profit trade association that is dedicated to representing Ohio oil and gas producers,” added the DoE. Bennett holds a bachelor of science from Ohio University.
