NEW YORK, Feb 28 (Reuters) - U.S. energy company Sempra
Energy said on Tuesday that its Sempra Infrastructure
unit was on track to make a final investment decision (FID) in
the first quarter to build the Port Arthur liquefied natural gas
(LNG) export plant in Texas.
The company said in its fourth-quarter earnings that the
first phase of Port Arthur was now fully subscribed at 10.5
million tonnes per annum (MTPA) of long-term contracts.
Buyers of Port Arthur's LNG include units of Poland's Polski
Koncern Naftowy Orlen SA , U.S. oil producer
ConocoPhillips and Germany's RWE AG .
Sempra has a roughly $10.5-billion engineering, procurement
and construction contract with U.S. construction firm Bechtel to
build the plant.
Sempra is not the only developer expected to start
construction on new U.S. LNG export plants this year. Other
projects include Energy Transfer LP's Lake Charles in
Louisiana and NextDecade Corp's Rio Grande in Texas.
Sempra also said the second phase of its Cameron LNG
development project in Louisiana "remains on track for
completion of the competitive front-end engineering design
process in the summer."
In addition, Sempra noted its Vista Pacifico and the second
phase of its Costa Azul LNG development projects in Mexico both
received approvals from the U.S. Department of Energy in
December to export U.S.-sourced natural gas in the form of LNG
from Mexico to non-Free Trade Agreement countries.
Sempra is part of a joint venture that owns the operating
15-MTPA Cameron LNG export plant.
In addition, to the 13.5-MTPA first phase of Port Arthur,
Sempra is building a 3.3-MTPA LNG export plant at its Costa Azul
LNG import plant.
The company is also developing a second 13.5-MTPA phase at
Port Arthur, a second 6.8-MTPA phase at Cameron, a second
12-MTPA phase at Costa Azul and the 3.5-MTPA export plant at
Vista Pacifico.
(Reporting by Scott DiSavino, Editing by Louise Heavens)
Messaging: scott.disavino.thomsonreuters.com@reuters.net))
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