Insight
Q1 North America LNG projects update: Sempra nears FID at Costa Azul LNG
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
For developers of shovel-ready projects in the US Gulf Coast, commercial progress this year could be slow. The current market environment makes it especially difficult for large-scale projects needing to sell a significant amount of capacity in order to move forward. That problem potentially puts Sempra in a different position at Costa Azul. The first phase is a mid-scale, brownfield redevelopment requiring around a quarter of the capex of a large-scale, greenfield Gulf Coast project. Sempra needs to finalise sale and purchase agreements with the project's three buyers - Mitsui, Tokyo Gas and Total - and construction on Mexico's first LNG export project should shortly follow.
Table of contents
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Highlights
- Sempra signs two EPC contracts valued collectively at more than $10 billion
- What to watch
- Regulatory
Tables and charts
This report includes the following images and tables:
- EPC contract prices for large-scale greenfield pre-FID US LNG projects *
- Building momentum
- FERC queue
- US LNG terminal locations
- Canada export order
What's included
This report contains:
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