Sempra delays Port Arthur LNG FID
Published by Will Owen,
Editor
LNG Industry,
According to Reuters, Sempra Energy has delayed the final investment decision (FID) on its Port Arthur LNG project in Texas until 2021.
The delay to the FID is reportedly due to the impact that the COVID-19 coronavirus pandemic is having on global energy demand.
Sempra has also announced that its Infraestructura Energetica Nova SAB de CV unit (IEnova) in Mexico is also likely to delay some construction capital to 2021, due to COVID-19. The specific IEnova projects which might see delayed spending have not been named.
Read the article online at: https://www.lngindustry.com/liquefaction/05052020/sempra-delays-port-arthur-lng-fid/
You might also like
EIA: US natural gas exports to grow nearly 30% by 2027 as LNG facilities ramp up
The U.S. Energy Information Administration’s latest Short-Term Energy Outlook forecasts that US LNG exports will continue to increase as five LNG export projects start operations and ramp up production by the end of 2027.