Cameron LNG awards export-plant contracts

March 17, 2014
Cameron LNG LLC has awarded CB&I and Chiyoda International Corp. a $6 billion engineering, procurement, and construction contract to build a 13.5 million tonne/year export plant in Hackberry, La., Cameron Parish.

Cameron LNG LLC has awarded CB&I and Chiyoda International Corp. a $6 billion engineering, procurement, and construction contract to build a 13.5 million tonne/year export plant in Hackberry, La., Cameron Parish.

The plant will be adjacent the existing LNG regasification terminal and consist of three liquefaction trains. Cameron last month received conditional authorization from the US Department of Energy to export domestically produced LNG to countries with which the US does not have a free trade agreement, including those in Europe and Asia.

Subject to a final investment decision and acquisition of permits and financing, Cameron parent company Sempra Energy will hold an indirect 50.2% interest in Cameron and the related liquefaction project.

The remaining portion and the related liquefaction project will be owned by affiliates of GDF Suez SA, Mitsubishi Corp. (through a related company jointly established with Nippon Yusen Kabushiki Kaisha), and Mitsui & Co. Ltd., each with a 16.6% stake.