GDF SUEZ has inked a commercial development agreement with Cameron LNG, a unit of Sempra Energy, to develop the third liquefaction train planned at the site of the latter's existing import terminal in Hackberry, Louisiana, US.
Cameron LNG will operate the $6bn LNG plant, which will have three liquefaction trains with a full production and export capacity of 12 million tonnes per annum.
Cameron LNG has agreed an export of 4 million tonnes per annum of liquefied natural gas to GDF SUEZ.
GDF SUEZ executive vice-president Global Gas and LNG business line Jean-Marie Dauger said that this new LNG supply source will reinforce the flexibility and the security of the company's natural gas portfolio.
"It will be a step further toward satisfying the LNG import requirements in our current markets, especially in Europe, and will also support the development of new international markets for GDF SUEZ," added Dauger.
Cameron LNG signed two commercial development agreements in April with Mitsubishi Corporation and Mitsui Mitsui for the development of trains with a capacity of 8 million tonnes per annum.
As per the agreement, Mitsubishi, Mitsui and GDF SUEZ will fund all development expenses, including design, permitting and engineering, and negotiate a 20-year tolling agreements for the LNG project.
The liquefaction facility will use Cameron LNG's existing facilities, including two marine berths and three LNG storage tanks.
It will have a combined storage capacity of 480,000 cubic meters, and vaporisation capability for regasification services of 1.5 billion cubic feet per day.
Cameron LNG has also secured preliminary government approval to export the domestically produced natural gas from the terminal to all countries which have free trade agreements with the US.
Construction on the project is expected to begin next year with operations slated in 2016.
Image: Sempra Energy's LNG plant will have three liquefaction trains with a production and export capacity of 12 MTPA. Photo: Nehrams2020.