SAN DIEGO, May 31, 2019 /PRNewswire/ -- Sempra LNG, a
subsidiary of Sempra Energy (NYSE: SRE), today announced that
Cameron LNG has shipped the first commissioning cargo of liquefied
natural gas (LNG) from the first liquefaction train of the export
project in Hackberry, La.
"This achievement brings Cameron LNG, one of Sempra's five
strategically located LNG infrastructure projects, one step closer
to commercial operations," said Carlos Ruiz Sacristán, chairman and
CEO of Sempra North American Infrastructure. "Seeing the first
tanker depart loaded with U.S. LNG produced at this world-class
facility is significant for our company."
Commissioning cargos are a critical step in the start-up process
and support stabilizing production and performance testing.
Commercial operations from the facility will begin after Cameron
LNG receives authorization from the Federal Energy Regulatory
Commission (FERC), which is expected in mid-2019.
More than 72 million hours were spent safely constructing the
Cameron LNG export project to date, with nearly 11,000 workers
supporting peak construction.
Phase 1 of the Cameron LNG export project includes the first
three liquefaction trains that will enable the export of
approximately 12 million tonnes per annum (Mtpa) of LNG, or
approximately 1.7 billion cubic feet per day.
Cameron LNG is jointly owned by affiliates of Sempra LNG, Total,
Mitsui & Co., Ltd., and Japan LNG Investment, LLC, a company
jointly owned by Mitsubishi Corporation and Nippon Yusen Kabushiki
Kaisha (NYK). Sempra Energy indirectly owns 50.2% of Cameron
LNG.
Cameron LNG Phase 1 is one of five LNG export projects Sempra
Energy is developing in North
America: Cameron LNG Phase 2, previously authorized by FERC,
encompasses up to two additional liquefaction trains and up to two
additional LNG storage tanks; Port Arthur LNG in Texas, which recently was approved by FERC;
and Energía Costa Azul LNG Phase 1 and Phase 2 in Mexico.
Development of Sempra Energy's LNG export projects is contingent
upon obtaining binding customer commitments, completing the
required commercial agreements, securing all necessary permits,
obtaining financing, other factors, and reaching final investment
decisions. In addition, the ability to successfully complete
construction projects, such as the Cameron LNG facility, is subject
to a number of risks and uncertainties.
Sempra LNG develops, builds and invests in natural gas
liquefaction facilities and is pursuing the development of five
strategically located LNG projects in North America with a goal of delivering 45
Mtpa of clean natural gas to the largest world markets, which would
make Sempra Energy one of North
America's largest developers of LNG-export facilities.
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LNG and Cameron LNG.
This press release contains statements that are not
historical fact and constitute forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These statements can be identified by words such as
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guidance, strategy, plans, goals, vision, mission, opportunities,
projections, initiatives, objectives or intentions. Forward-looking
statements are not guarantees of performance. They involve risks,
uncertainties and assumptions. Future results may differ materially
from those expressed in the forward-looking statements.
Factors, among others, that could cause our actual results
and future actions to differ materially from those described in any
forward-looking statements include risks and uncertainties relating
to: actions and the timing of actions, including decisions, new
regulations and issuances of authorizations by the U.S. Department
of Energy, Federal Energy Regulatory Commission, U.S. Environmental
Protection Agency and Pipeline and Hazardous Materials Safety
Administration, states, cities and counties, and other regulatory
and governmental bodies in the U.S. and other countries in which we
operate; the success of business development efforts and
construction projects, including risks in (i) obtaining or
maintaining authorizations; (ii) completing construction projects
on schedule and budget; (iii) obtaining the consent of partners;
(iv) counterparties' ability to fulfill contractual commitments;
and (v) the ability to realize anticipated benefits from any of
these efforts once completed; the availability of natural gas and
liquefied natural gas, and natural gas pipeline and storage
capacity; equipment failures; changes in energy markets; volatility
in commodity prices; moves to reduce or eliminate reliance on
natural gas; risks posed by actions of third parties who control
the operations of our investments; weather conditions, natural
disasters, accidents, equipment failures, explosions, terrorist
attacks and other events that disrupt our operations, damage our
facilities and systems, cause the release of harmful materials, and
subject us to third-party liability for property damage or personal
injuries, fines and penalties, some of which may not be covered by
insurance (including costs in excess of applicable policy limits)
or may be disputed by insurers; cybersecurity threats to storage
and pipeline infrastructure, the information and systems used to
operate our businesses; the impact of federal or state tax reform
and our ability to mitigate adverse impacts; changes in foreign and
domestic trade policies and laws, including border tariffs,
revisions to or the replacement of international trade agreements,
and changes that make our exports less competitive or otherwise
restrict our ability to export; and other uncertainties, some of
which may be difficult to predict and are beyond our
control.
These risks and uncertainties are further discussed in the
reports that Sempra Energy has filed with the U.S. Securities and
Exchange Commission (SEC). These reports are available through the
EDGAR system free-of-charge on the SEC's website, www.sec.gov, and
on the company's website at www.sempra.com. Investors should not
rely unduly on any forward-looking statements. These
forward-looking statements speak only as of the date hereof, and
the company undertakes no obligation to update or revise these
forecasts or projections or other forward-looking statements,
whether as a result of new information, future events or
otherwise.
Sempra LNG and Port Arthur LNG, LLC are not the same as the
California Utilities, San Diego Gas & Electric Company
(SDG&E) or Southern California Gas Company (SoCalGas), or Oncor
Electric Delivery Company LLC (Oncor) and are not regulated by the
California Public Utilities Commission.
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SOURCE Sempra Energy