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Sempra subsidiary approved for new natural gas export facility

Sempra Energy (NYSE: SRE) announced Thursday that its subsidiary Cameron LNG has received authorization from the Federal Energy Regulatory Commission (FERC) to site, construct and operate a natural gas liquefaction and export facility at the site of the company's LNG receipt terminal in Hackberry, La.

The FERC permit is one of the last major regulatory approvals required to start construction on the $9 billion to $10 billion natural gas liquefaction facility, which will provide an export capability of 12 million tonnes per annum of LNG, or approximately 1.7 billion cubic feet per day.

FERC also authorized a subsidiary of Sempra Energy to construct a 21-mile, 42-inch natural gas pipeline expansion of the Cameron Interstate Pipeline, a new compressor station and ancillary equipment that will provide natural gas transportation for the liquefaction facilities.

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