Sempra Energy (SRE +1.8%) expects to get federal permission to build facilities to export...

|About: Sempra Energy (SRE)|By:, SA News Editor

Sempra Energy (SRE +1.8%) expects to get federal permission to build facilities to export natural gas in Louisiana, and will be ready to start construction in early 2014 en route to a late-2017 start of operations, CEO Debra Reed says. The export terminal is designed to export as much as 12M tons/year of natural gas, and is estimated to cost $6B-$7B.