LNG

IEnova, the Mexican subsidiary of California-based utility Sempra Energy and developer of the Costa Azul liquefied natural export venture on the Pacific Coast of Mexico, reported a rise in four-quarter earnings as it pursues Mexican pipeline projects and LNG feed-gas resources from the US.

Sempra Energy, the California utility and LNG sector participant with plants in Louisiana and Mexico, has confirmed the sale of a second South American power company to Chinese interests with the offloading of the Chilean Chilquinta Energía business and its affiliates for almost $3 billion.