Sempra Energy has reiterated its five-year capital plan of approximately US$32bn, mainly focused on investments in its US subsidiaries San Diego Gas & Electric (SDG&E), Southern California Gas (SoCalGas) and Oncor Electric Delivery.
The group has decided to go forward with its Energía Costa Azul (ECA) LNG liquefaction and export project in Baja California (north-western Mexico), for which it signed a fixed-price, lump-sum, turn-key engineering, procurement and construction (EPC) contract with Technip FMC in early March 2020. The final investment decision (FID) on the first phase is expected in the second quarter of 2020. The first phase of the liquefaction project would have a capacity of 2.4 Mt/year (3.2 bcm/year) and is expected to be commissioned in 2023.
Where its Port Arthur LNG project in Texas (United States) is concerned, Sempra Energy no longer commits to making an FID in the third quarter of 2020. A fixed-price EPC contract for the project was signed with Bechtel in early March 2020 but the FID may be delayed. The project would consist of two 5.5 Mt/year (7.4 bcm/year) liquefaction trains that have already been approved and could be commissioned in 2023. Two other 5.5 Mt/year trains are under consideration on the site.
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