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  4. Sempra LNG, Woodside sign MoU

Sempra LNG, Woodside sign MoU

LNG Industry,

Sempra LNG has signed a non-binding Memorandum of Understanding (MoU) with Woodside to commence discussions and assessments for the potential development of Sempra LNG’s Port Arthur LNG project.

Comments

"Sempra Energy and Woodside bring together an extraordinary complimentary set of experience and skills from two world-class organisations. We look forward to engaging Woodside in discussions regarding the proposed Port Arthur liquefaction project," explained E. Scott Chrisman, VP Commercial & Development for Sempra LNG.

Exploration opportunity

The MoU is the initial step for Sempra LNG and Woodside to explore this opportunity and undertake due diligence for the potential development of the Port Arthur liquefaction project. Any decision to proceed with a binding agreement between Woodside and Sempra LNG in relation to the potential development of the project, including the establishment of any joint venture or partnership between Sempra LNG and Woodside, is contingent upon completing project assessments and achieving other necessary internal and external approvals for each party.

The project

The proposed project would be located at a site previously permitted for an LNG regasification terminal and would be designed to include two natural gas liquefaction trains with a total export capability of approximately 10 million tpy, or 1.4 billion ft3/d, as well as LNG storage tanks and marine facilities for LNG ship berthing and loading.

Pre-filing review

In March 2015, Sempra LNG's affiliate, Port Arthur LNG, LLC, initiated the Federal Energy Regulatory Commission (FERC) pre-filing review for the proposed natural gas liquefaction facility and filed its permit application with the US Department of Energy (DOE) for authorisation to export LNG.


Adapted from press release by Katie Woodward

Read the article online at: https://www.lngindustry.com/liquefaction/03062015/potential-development-of-port-arthur-lng-project-885/

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