Sempra Energy Signs MOU with Total S.A. for LNG Terminal Development
Posted on Nov 7, 2018 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Sempra Energy Signs MOU with Total S.A. for LNG Terminal Development
Sempra Energy and Total S.A. (Total) have announced that they have entered into a Memorandum of Understanding (MOU) that provides the framework for cooperation in the continued development of the Cameron LNG liquefaction and export project under construction in Cameron Parish, La., and the development of the Energía Costa Azul (ECA) liquefaction-export project in Baja California, Mexico. According to the press release, the MOU contemplates Total potentially contracting for approximately up to 9 million tonnes per annum of LNG offtake across Cameron LNG Phase 2 and ECA LNG. Total, which already is a partner in the Cameron LNG joint venture with a 16.6-percent stake, also may acquire an equity interest in ECA LNG.