The first cargo from Sempra’s Energia Costa Azul LNG terminal on Mexico’s Pacific coast is heading to South Korea, offering a new route for US LNG to Asian markets. The cargo, loaded aboard the Pacific Success, is still underway in the Pacific.
Sempra, the US utility company with power and natural gas services centred on California and Texas and LNG developments in the US and Mexico through the Sempra Infrastructure subsidiary, reported a surge in net income for the year and the fourth quarter.
TC Energy Corp., the North American natural gas and energy pipelines company, has received permission from the US Federal Energy Regulatory Commission to bring a pipeline expansion into service for deliveries to Mexico, including feed gas for liquefied natural gas exports.
Sempra, the US utility whose LNG unit Sempra Infrastructure owns Cameron LNG in Louisiana and other projects in Texas and Mexico, has reported higher earnings in the first quarter as it proposed a five-year capital expenditure plan amounting to $40 billion.
Air Products, the leading liquefied natural equipment-maker and industrial gases company, has signed an agreement to supply LNG technology and equipment for the Port Arthur project in Texas being developed by Sempra Infrastructure.
Technip Energies, the leading energy and LNG engineering company, said events in 2022 had underlined the need for increased spending in LNG and natural gas as the Euronext exchange-listed company continued its “orderly exit” from the Arctic LNG II project in Russia.
ConocoPhillips, the US major with expanding liquefied natural gas volumes, has signed an accord for long-term offtake and a 30 percent equity stake in Sempra Infrastructure’s proposed Port Arthur LNG project in Texas.