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Sempra LNG signs MOU with CTG

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LNG Industry,

Sempra Energy has announced that its subsidiary Sempra LNG has entered into a memorandum of understanding (MOU) with China Three Gorges Corp. (CTG).

CTG is the ultimate parent company of China Yangtze Power International (Hongkong) Co., Ltd. (CYP).

The MOU was signed regarding potential cooperation in supplying LNG to support demand growth in China, including the growth of natural gas power generation. Ultimate participation remains subject to finalisation of a definitive agreement, among other factors.

“This initial agreement with CTG represents an opportunity to support strong growth in natural gas demand in Asia, with future expansions of our LNG projects right here in North America,” said Jeffrey W. Martin, chairman and CEO of Sempra Energy.

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