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Final investment decision taken for Cameron LNG project (US)

Partners in the Cameron LNG project (Sempra with 50.2%, GDF SUEZ, Mitsubishi and Mitsui with 16.6% each) announced the Final Investment Decision (FID) for the construction of the liquefaction plant in Hackberry, Louisiana (United States). The LNG plant will produce and export up to 12 Mt/year with 3 liquefaction trains. The construction works on site will start this fall. The total cost of this facility will be around US$10bn. The production of the first train is expected to start in early 2018, with second and third trains following later in 2018 and in 2019 respectively. After completion of the plant, GDF SUEZ will have a 4 Mt/year liquefaction capacity booked on a long-term tolling basis. This decision follows receipt by Cameron LNG of the authorization to construct from the US Federal Energy Regulatory Commission (FERC) and receipt of the conditional approval from the US Department of Energy (DOE) to export LNG to nations with which the United States does not have a Free Trade Agreement.