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Cameron LNG applies for FERC approval to expand facility

Feb. 25, 2015 7:56 AM ETSempra (SRE) StockSRE, MITSY, ENGIYBy: Carl Surran, SA News Editor
  • Sempra Energy’s (NYSE:SRE) Cameron LNG says it has filed for approval with the FERC to expand its three-train liquefaction export project in Hackberry, La., to five trains.
  • The expansion, which also includes an additional liquefied natural gas storage tank, would increasing production capacity by 9.97M metric tons/year to 24.92M.
  • FERC permits pave the away for the Department of Energy to consider if the project can ship LNG to countries with which the U.S. does not have a free trade agreement.
  • France’s GDF Suez (GDFZY) and Japan’s Mitsui (OTCPK:MITSY) are SRE's partners in the venture.

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