Final Investment Decision for Cameron LNG
August 7, 2014
Partners of the Cameron LNG project GDF SUEZ, Sempra, Mitsubishi and Mitsui announced the Final Investment Decision (FID) for the construction of the liquefaction plant. This decision follows receipt by Cameron LNG of the authorization to construct from the US Federal Energy Regulatory Commission (FERC) and receipt of the conditional approval from the US Department of Energy (DOE) to export LNG to nations with which the United States does not have a Free Trade Agreement.
Cameron LNG is located on an industrial-zoned site along the Calcasieu Channel in Hackberry, Louisiana. The plant will produce and export up to 12 million tons per year with 3 liquefaction trains. The construction works on site will start this fall. The total cost of this facility will be around USD 10 billion. The production of the first train is expected to start in early 2018, with second and third trains following later in 2018 and in 2019 respectively. An Engineering and Procurement Contract (EPC) has been awarded to a joint venture of the firms CB&I from the US and Chiyoda from Japan.