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Sempra Reaps Profits from Utilities, but Faces Major Setback with Cameron LNG Project

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SUGAR LAND--August 7, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Stronger operational performances at its utility and infrastructure businesses took Sempra Energy's (NYSE:SRE) (San Diego, California) second-quarter 2017 earnings up to $259 million, from only $16 million in the same period last year. But the company faced a significant setback on its most closely watched project: an export facility for liquefied natural gas (LNG) on the U.S. Gulf Coast. Industrial Info is tracking more than $21 billion in active projects involving Sempra.

Within this article: Details on the LNG facility and numerous pipeline and renewable projects from Sempra.

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Industry Segment: Production
Word Count: 647 Words

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