Sempra Energy

Initial facilities along the Sabine River in Texas will be capable of producing up to 13.5 mtpa of LNG.

Sempra lands partners for a CCS deal in Louisiana, while Shell eyes newbuild ships for CCS transport. An offshore alliance targets floating wind technology, and global hydrogen projects gain momentum in the UAE, Africa, and Brazil.

The LNG carbon-credit plan is just part of the operator’s overall ambition to be a net-zero company by 2050 or sooner.

ECA LNG will connect natural gas supply from Texas and the western US to Mexico and other countries across the Pacific Basin. First production from the project is expected in late 2024.

The LNG market remains a mixed bag heading into Q2. Port Arthur LNG is just the latest to see a delayed FID, while other LNG projects are still moving ahead.

This is the second EPC contract Bechtel signed for Port Arthur LNG. Final investment decision is expected this year.

The agreement comes 8 months after Saudi Aramco agreed to take a 25% ownership interest in the southeast Texas project. Phase 1 of the project is expected to produce 11 mtpa of LNG.

The deal with project developer Sempra includes Saudi Aramco netting 5 mtpa of LNG offtake and a 25% equity stake in Phase 1 of the export terminal, which may reach FID later this year.

Driftwood is authorized to export up to 3.88 Bcf/D, and Port Arthur gets go-ahead for 1.91 Bcf/D of natural gas as LNG.