PARIS, FRANCE: TotalEnergies has signed a Heads of Agreement (HOA) with Sempra Infrastructure, Mitsui & Co., Ltd. and Japan LNG Investment – an organization collectively owned by Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK) – for the expansion of Cameron LNG, a liquefied pure gas (LNG) manufacturing and export facility located in Louisiana, U.S, a information launch said.
This expansion project includes the event of a fourth train with a manufacturing capability of 6.75 million metric tons per annum (Mtpa), and a 5% increase of the present 13.5 Mtpa first three trains through debottlenecking. It will additionally include design enhancements aiming at reducing the emissions of the facility, together with electrical drive technology.
Under the phrases of the HOA, TotalEnergies will offtake 16.6% of the projected fourth train’s manufacturing capacity, and 25% of the projected debottlenecked capacity. Additionally, Cameron LNG advances the event of this project with the choice of two contractors to conduct a aggressive Front End Engineering Design (FEED) in view of the choice of the Engineering, Procurement and Construction (EPC) contractor.
“We are happy to take this new step with our companions to extend liquefaction capability at Cameron LNG, a facility ideally located on the Atlantic basin for export to Europe. In recent years, TotalEnergies has become the main exporter of U.S. LNG, most of which has been exported to Europe in recent times, contributing to the continent’s safety of energy supply. TotalEnergies is dedicated to additional increasing its presence within the United States, thus assembly rising want for LNG, a key transition fuel,” said Patrick Pouyanné, Chairman & CEO of TotalEnergies.
“The expansion of Cameron LNG will contribute to our LNG growth technique by investing in low-cost, long-term aggressive LNG projects with decrease GHG emissions.”
Development of the Cameron LNG expansion project stays topic to definitive agreements, acquiring the necessary permits, and all companions reaching a final funding decision deliberate for 2023.
Cameron LNG is collectively owned by Sempra Infrastructure (50.2%), TotalEnergies (16.6%), Mitsui & Co., Ltd. (16.6%) and Japan LNG Investment (16.6%).