Cameron LNG has asked the US Federal Energy Regulatory Commission (FERC) for a 72-month extension to build the second phase of its Cameron LNG liquefaction and export terminal project in Louisiana (United States), until May 2026. The company aims to make a final investment decision on the expansion project by mid-2021 and construction is expected to last up to 58 months (until 2026).
The US$10bn Phase 1 of the Cameron LNG export project includes three trains of 4.5 Mt/year each (total of 13.5 Mt/year). The train 1 began commercial operation in August 2019, with trains 2 and 3 set to be operational in the first quarter of 2020 and in mid-2020, respectively. The Phase 2 will include two additional liquefaction trains (trains 4 and 5, rated 5 Mt/year each) and up to two additional LNG storage tanks. It was authorized by the FERC in May 2016, which required Cameron LNG to commission the expansion project within 4 years, i.e. by May 2020.
The project is operated by Cameron LNG, a company jointly owned by affiliates of Sempra LNG (50.2%), Total (16.6%), Mitsui (16.6%) along with Japan LNG Investment company (16.6%), jointly owned by Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK).