Cameron LNG FID – the second wave of US LNG begins

On 6 August 2014 Sempra announced the final investment decision (FID) on the three train, 12 mmtpa (1.7 bcfd), Cameron LNG export project, located in Louisiana on the US Gulf. The US$10 billion project is targeting start-up for all three trains in 2018. The project is led by Sempra LNG with a 50.2% ownership interest, whilst GDF Suez, Mitsui & Co and Mitsubishi (in conjunction with NYK) all have 16.6% stakes and capacity at one train each.