FERC Gives Cameron LNG Permission to Construct the First U.S. LNG Receiving Terminal in Over 20 Years

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Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). On September 10, 2003 the FERC approved Cameron LNG's planned $700 million Cameron LNG receiving terminal (PEC 02004677) located on the Louisiana coast about 230 miles west of New Orleans. Construction is scheduled to begin in early 2004 and Cameron has awarded Skanska USA the E+P+C contract for the project and Skanska in turn retained Black & Veatch Pritchard Incorporated (Overland Park, Kansas) as the project engineer.

Project completion is targeted for 2007 with a commissioned receiving and re-gasification capacity of 1.5 Bcf per day of natural gas. Other facilities will include a 35.4-Mile pipeline to interconnect with Transco Pipeline.

In May of 2003, Sempra Energy LNG Corporation, a subsidiary of Sempra Energy Global Enterprises (SEGE), a business unit of Sempra Energy (NYSE:SRE) (San Diego California) filed a letter with the FERC stating that it had purchased Hackberry LNG Terminal LLC from Dynegy Midstream Services LP, a subsidiary of Dynegy Incorporated (NYSE:DYN) (Houston Texas) and had changed the companies name to Cameron LNG LLC.

The commission's action is the first approval of a new LNG import terminal in the U.S. since the 1977 approval authorized CMS Trunkline LNG Company, LLC (Houston Texas) to construct, own and operate its Lake Charles LNG terminal, which in itself is in the process of a multi-phase expansion (PEC 02004660 & PEC 02005070).