LNG

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.

TotalEnergies has shipped the first LNG cargo from ECA LNG Phase 1 in Mexico to Asia, marking a commissioning milestone for the 3.25 mtpa Pacific-facing terminal, feed with U.S. natural gas delivered by pipeline from Permian Basin.

Feedgas flows from the United States to Mexico are on pace for a record June as Energía Costa Azul LNG project prepares for export start-up. Sempra began producing LNG at the 3.25 mtpa terminal on June 4, with commercial exports due to begin in September.

Sempra’s Port Arthur Pipeline Louisiana Connector project is now complete and in-service, offering additional gas takeaway capacity for US Gulf Coast LNG export terminals along the US Gulf Coast. Port Arthur LNG Phase 1 is under construction and, when complete, will be able to process and ship up to 13 mtpa of LNG, according to project developers.

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.

Sempra Infrastructure, through its subsidiary IEnova, has received a six-month regulatory extension to begin exports of US-sourced LNG from the Phase 1 of its Energía Costa Azul LNG project in Baja California, Mexico. An order, signed by US Secretary of Energy Chris Wright, extends the deadline to September 21, 2026.

Sempra has agreed to divest a 45% stake in its infrastructure arm to KKR and CPP Investments for $10 billion. By ceding majority control of its LNG export and midstream assets, Sempra’s future earnings will mostly come form regulated utilities.

Sempra has asked the US Department of Energy (DOE) to extend the export deadline for its $2.5 billion Energia Costa Azul LNG terminal on Mexico’s Pacific Coast. Construction delays push back commissioning to September 21, 2026.

Sempra Infrastructure has resumed construction on the plant’s 13 mtpa Phase 1 foundations, after works were halted a fortnight ago due to a scaffolding collapse. Still, targeted FID on Porth Arthur LNG Phase 2 in the third quarter of 2025 remains in place.

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 25 percent drop in first-quarter profits as commodity prices fell along with revenues.