Sempra starts Cameron LNG Train 2 commercial operations

Mar 2nd, 2020  ogj.com

Sempra LNG, a subsidiary of Sempra Energy, has begun commercial operations from Cameron LNG's roughly 4-million tonne/year (tpy) second train in Hackberry, La. Train 3 remains on track to start initial LNG production in second-quarter 2020 and commercial operations in third-quarter 2020. The plant's first liquefaction train started commercial operations August 2019.

Phase 1 of the Cameron LNG export project includes the first three liquefaction trains, with total capacity of 12 million tpy (about 1.7 bcfd of natural gas).

Sempra Energy anticipates its share of full-year run-rate earnings from Phase 1 to be $400-450 million starting in 2021 when all three trains achieve commercial operations under Cameron LNG's tolling agreements.

Cameron LNG is jointly owned by affiliates of Sempra LNG, Total SA, Mitsui & Co. Ltd., and Japan LNG Investment LLC, a company jointly owned by Mitsubishi Corp. and Nippon Yusen Kabushiki Kaisha (NYK). Sempra Energy indirectly owns 50.2% of Cameron LNG.

Sempra Energy is also developing four other LNG export projects in North America, including Cameron LNG Phase 2, which could include up to two additional liquefaction trains and up to two additional LNG storage tanks; Port Arthur LNG in Texas; and Energía Costa Azul LNG Phase 1 and Phase 2 in Mexico.