Sempra Energy Seeks Approval To Expand Cameron LNG T

Oil and Gas Investing

Sempra Energy (NYSE:SRE) today announced that it has filed its permit application with the Federal Energy Regulatory Commission (FERC) to get approval to build natural gas liquefaction and export facilities at its existing Cameron LNG terminal in Hackberry, La.

Sempra Energy (NYSE:SRE) today announced that it has filed its permit application with the Federal Energy Regulatory Commission (FERC) to get approval to build natural gas liquefaction and export facilities at its existing Cameron LNG terminal in Hackberry, La.

As quoted in the press release:

The net benefits of the project outlined in the FERC application include creating nearly 3,000 direct jobs in the peak construction year and approximately 130 full-time jobs when fully operational.  The federal agency will review the application and conduct an environmental study of the project prior to acting on the permit.

Sempra’s President, Mark Snell, said:

The Cameron liquefaction project represents a significant investment in new energy infrastructure in Louisiana that will stimulate local, regional and national economic activity, creating new jobs and supporting small businesses.

To view the whole press release, click here.

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