SAN DIEGO, Nov. 29, 2016 /PRNewswire/ — Sempra Energy (NYSE: SRE) today announced its liquefied natural gas (LNG) subsidiaries have filed applications with the Federal Energy Regulatory Commission (FERC) seeking authorization to site, construct and operate the proposed Port Arthur LNG natural gas liquefaction facility along the Sabine-Neches Waterway in Southeast Texas.
The FERC application for the proposed project includes: two natural gas liquefaction trains capable of producing, under optimal conditions, approximately 13.5 million metric tons per annum in the aggregate or approximately 698 billion cubic feet of natural gas per year; three LNG storage tanks; natural gas liquids and refrigerant storage; feed gas pre-treatment facilities; two berths and associated marine and loading facilities. A separate application was filed with FERC seeking authorization to construct natural gas pipelines to deliver natural gas to the project.
“We are pleased to continue advancing the Port Arthur LNG project,” said Octavio Simoes, president of Sempra LNG & Midstream. “Our experience in developing, building and operating energy infrastructure will help us deliver a cost-competitive project to the global LNG market.”
Sempra LNG & Midstream and Woodside Energy (USA), Inc. signed a project development agreement in February 2016 that provides a framework for the sharing of costs related to the development, technical design, permitting and marketing of the proposed liquefaction project.
Ongoing development of the project is subject to a number of risks and uncertainties and remains contingent upon completing required commercial agreements, acquiring all necessary permits and approvals, securing financing commitments, potential incentives and satisfying other conditions before making a final investment decision to proceed.
Sempra Energy (NYSE: SRE), based in San Diego, is a Fortune 500 energy services holding company with 2015 revenues of more than $10 billion. The Sempra Energy companies’ 17,000 employees serve more than 32 million consumers worldwide.