Cameron LNG, a subsidiary of Sempra, has awarded a US$6bn contract to Chiyoda and CB&I for the construction of the Cameron Liquefaction Project in Hackberry, Louisiana, in the United States. The scope of work includes engineering, procurement and construction for the addition of natural gas liquefaction and export facilities to the existing LNG regasification facility. The Cameron Liquefaction Project will be comprised of three liquefaction trains with a nameplate capacity of 12 Mt/year (up to 13.5 Mt/year). In February 2014, Cameron received conditional authorization from the U.S. Department of Energy (DOE) to export domestically produced LNG to countries that do not have a free trade agreement with the U.S., including those in Europe and Asia. Construction on the project is planned to start in 2014 with the first LNG production in 2017, and full commercial operation in 2019.
Subject to a final investment decision, finalization of permits and securing financing, Sempra Energy will have an indirect 50.2% ownership interest in Cameron and the related liquefaction project. The remaining portion of Cameron and the related liquefaction project will be owned by affiliates of GDF SUEZ, Mitsubishi (through a related company jointly established with Nippon Yusen Kabushiki Kaisha (NYK)) and Mitsui, each with 16.6% stakes.
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