By OGJ editors
HOUSTON, Jan. 28 -- Sempra Energy unit Sempra LNG, San Diego, Calif., has signed a heads of agreement (HOA) providing Tractebel LNG North America LLC with as much as one third of the 1.5 bcfd capacity of Sempra LNG's Cameron LNG terminal under development 15 miles south of Lake Charles, La.
Under the nonbinding HOA, to be finalized by June 30, Sempra LNG would sell 325-500 MMcfd of throughput capacity to Tractebel LNG for 20 years. Tractebel LNG is the North American LNG business of Tractebel Electricity & Gas International, a division of the French firm Suez Group.
Sempra is negotiating other supply and capacity agreements for the Cameron project, which has been approved by the Federal Energy Regulatory Commission and has construction slated to begin later this year (OGJ Online, Jan. 13, 2005).
Sempra LNG also has signed a 20-year agreement to provide Shell International Gas Ltd. with 500 MMcfd of gas from its Energia Costa Azul LNG terminal in Baja California, Mexico (OGJ Online, Dec. 22, 2003). The rate represents half of that terminal's proposed capacity. Sempra has secured the remaining 500 MMcfd of LNG capacity from Indonesia's Tangguh LNG project. Construction of the Energia Costa Azul terminal is under way and is scheduled for completion in early 2008.