Sempra to build new U.S. LNG plant – Wall Street Journal

Sempra to build new U.S. LNG plant – Wall Street Journal

3 Nov    Finance News

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Sempra Infrastructure, a unit of California energy company Sempra Energy, will greenlight a project to build a natural-gas export terminal on the U.S. Gulf Coast by early next year, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

The project is the first phase of Port Arthur LNG, the WSJ reported, a roughly $10.5 billion export facility in South Texas that will start delivering cargoes around 2027. (Reporting by Arunima Kumar in Bengaluru; Editing by Krishna Chandra Eluri)

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