trending Market Intelligence /marketintelligence/en/news-insights/trending/wsxy8ivqjc5pugg5lpqxdg2 content esgSubNav
In This List

Sempra, Total form partnership to develop Cameron LNG, Mexico export terminals

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Using ESG Analysis to Support a Sustainable Future

Research

US utility commissioners: Who they are and how they impact regulation

Blog

Q&A: Datacenters: Energy Hogs or Sustainability Helpers?


Sempra, Total form partnership to develop Cameron LNG, Mexico export terminals

Sempra Energy and Total SA struck an agreement to jointly develop the Cameron LNG export terminal in Louisiana and the Energía Costa Azul LNG project in Baja California, Mexico.

The memorandum of understanding outlines the framework for cooperation between Sempra and Total in developing the two projects, as well as a potential contract for up to 9 million tonnes per annum, or mtpa, of LNG offtake coming from Cameron LNG phase 2 and Energía Costa Azul LNG, or ECA LNG, according to a Nov. 5 news release.

Total currently owns a 16.6% stake in Cameron LNG, and the agreement provides an option to the French company to acquire an interest in ECA LNG.

The deal with Total is part of Sempra's long-term goal of developing over 45 mtpa of LNG export capacity in North America. "We plan to leverage the competitive strengths of both companies to accelerate development of North American LNG exports to global markets," said Sempra CEO Jeffrey Martin in the release.

The Cameron LNG project would have three liquefaction trains with a combined export capacity of about 14 mtpa. Sempra has begun the commissioning process for the first train. A second phase of development would expand Cameron LNG's capacity through the addition of two liquefaction trains and up to two LNG storage tanks. ECA LNG consists of one liquefaction train with an export capacity of 2.5 mtpa, with a second phase expected to add 12 mtpa.