San Diego-based Sempra Energy received good news this week about two major projects underway to export natural gas to world markets.
On Monday, Sempra reported that its $10 billion Cameron LNG facility in Hackberry, LA, had begun liquefying natural gas for export.
“Sempra Energy is now one step closer to reaching our goal of building up to 45 million tonnes per annum of LNG export capacity to serve global markets,” said Lisa Glatch, chief operating officer of Sempra LNG.
Then on Thursday, Sempra’s subsidiary Port Arthur LNG received authorization from the Federal Energy Regulatory Commission to complete and operate its natural gas liquefaction-export facility under development in Jefferson County, TX.
“With today’s FERC order and the commercial momentum of the Port Arthur LNG project, we are one step closer to reaching a final investment decision and delivering low-cost, reliable and clean U.S. natural gas to world markets,” said Carlos Ruiz Sacristán, chairman and CEO of Sempra North American Infrastructure.
Thanks to fracking, the United States has become the world’s largest producer of natural gas, and energy companies are racing to export surplus gas to Europe and other world markets. But exports require costly liquefaction plants to cool the gas to minus 260 degrees Fahrenheit and compress it for shipment.
Sempra is developing five natural gas liquefaction facilities and aims to become North America’s premier energy infrastructure company. It’s already the utility holding company with the largest U.S. customer base.