Italian Energy Firm Joins Liquified Natural Gas Project Near Lake Charles
Posted on: Monday, 15 August 2005, 03:01 CDT
Sempra LNG, a subsidiary of San Diego-based Sempra Energy, has signed a 20-year agreement to provide Eni SpA of Rome with approximately 40 percent of the capacity of Sempra LNG's Cameron liquefied natural gas terminal under development near Lake Charles.
Eni SpA is one of the world's leading natural gas companies.
Under this agreement, Sempra LNG will provide Eni with approximately 600 million cubic feet of natural gas per day in the Cameron LNG terminal. When the terminal is completed in late 2008, Cameron LNG will have an initial capacity of approximately 1.5 billion cubic feet per day.
Earlier this year, Sempra LNG awarded a $500 million engineering, procurement and construction contract for Cameron LNG to a consortium comprised of Olso, Norway-based Aker Kvaerner and Tokyo- based Ishikawajima-Harima Heavy Industries. Cameron LNG is located along the Calcasieu Ship Channel about 15 miles south of Lake Charles.
(Copyright 2005 Dolan Media Newswires)
Source: New Orleans CityBusiness
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