HACKBERRY, La., Oct. 23, 2014 /PRNewswire/ -- More than 300
community, business and international leaders, along with several
federal, state and local elected officials, today took part in a
groundbreaking ceremony for the new $10
billion liquefaction export facilities at Cameron LNG
in Hackberry, La. The project is
being developed by a joint venture formed by Sempra Energy's (NYSE:
SRE) Sempra LNG unit, GDF SUEZ S.A., Mitsui & Co., Ltd. and
Mitsubishi Corporation, through a related company jointly
established with Nippon Yusen Kabushiki Kaisha.
"Today is a special day for all of us at Cameron LNG," said
Farhad Ahrabi, CEO of Cameron LNG.
"We are proud to kick off construction alongside elected leaders
from Louisiana, community members
who have supported this project since day one, our Cameron LNG
partners and our dedicated employees that have helped make this
project a reality. All of us at Cameron LNG are committed to
developing this project in a safe and responsible way, respecting
and protecting the environment and the people. We look forward to
2018 when the first LNG cargo is loaded and on its way to global
markets."
The liquefaction project will be comprised of three-train
natural gas liquefaction facilities with an export capability of 12
million tonnes per annum of liquefied natural gas (LNG), or
approximately 1.7 billion cubic feet per day. All three
trains are expected to commence operations during 2018, with the
first full year of operations in 2019.
During the peak year of construction, Cameron LNG will add
nearly 3,000 jobs in the area and will support small businesses
that provide goods and services. Once in operation, the project
will add approximately 200 full-time jobs in Louisiana and Texas.
The Cameron LNG liquefaction project received final approval to
operate by the Federal Energy Regulatory Commission in June 2014 and, last month, received the U.S.
Department of Energy's final authorization to export LNG to
non-free-trade-agreement (FTA) countries.
Cameron LNG Holdings is a joint venture owned by affiliates of
Sempra Energy, GDF SUEZ S.A., Mitsui & Co., Ltd. and Japan LNG
Investment, LLC, a joint venture formed by subsidiaries of
Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha, and
comprises the Cameron LNG liquefied natural gas (LNG) receipt
terminal in Hackberry, La., and
the construction and operation of liquefaction facilities adjacent
to the existing terminal.
www.cameronLNG.com
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SOURCE Cameron LNG