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3-8-2022

Nov 5 (Reuters) - U.S. energy company Sempra Energy (SRE.N) said on Friday it will continue developing liquefied natural gas (LNG) export plants in Louisiana and Mexico while building the first phase of the Costa Azul LNG export plant in Mexico.

Justin Bird, CEO of Sempra Infrastructure, told analysts on the company's earnings call that Costa Azul was "on time and on budget" to produce first LNG by the end of 2024. Costa Azul will produce about 3.3 million tonnes per annum (MTPA) of LNG.

In addition, Bird said Sempra remains focused on working with partners at Cameron LNG to develop a roughly 6-MTPA fourth liquefaction train and optimize operations at the existing 15-MTPA, three-train facility in Louisiana.

Bird also said Sempra was developing the roughly 4.0-MTPA Vista Pacifico LNG export plant on Mexico's Pacific Coast located next to its refined products terminal in Topolobampo.

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